Sept remittance hits $2.69b, led by state banks

Remittance in September 2025 stands at $2.69 billion, marking a notable increase compared to previous months. The month saw a steady contribution from all banking sectors, with state-owned commercial banks leading the figures.

According to Bangladesh Bank statistics among state owned banks Agrani Bank registered at $143.81 million and Janata Bank contributing the highest at $170.92 million

Among the private banks, Islami Bank Bangladesh and City Bank also recorded substantial inflows, at $698.53 million and $103.48 million respectively.
The overall remittance for September reflects a robust performance, driven primarily by the active participation of both domestic and foreign banks.

The total inflow from all sources reached nearly $2.69 billion showcasing resilience amid global economic fluctuations.
This consistent growth underscores the importance of remittance as a vital component of Bangladesh's foreign exchange reserves and economic stability.

The banking sector's efforts to facilitate smooth and secure transfer channels have contributed significantly to this upward trajectory. The government and Bangladesh Bank continue to monitor and support remittance flows, aiming to sustain and enhance this vital economic pillar.

The data indicates that remittance inflows are expected to maintain their momentum; bolstered by ongoing diplomatic efforts and improved banking infrastructure.

Authorities recognize the critical role of remittance in supporting household incomes and rural development, and they remain committed to creating a conducive environment for increased inward remittances in the coming months.

UNB adds: But, remittance inflows declined in the five banks undergoing merger processes.
Among them, Social Islami Bank and EXIM Bank received $4.51 million and $1.14 million, respectively, while Union Bank, Global Islami Bank and First Security Islami Bank recorded inflows of below $1 million each.

Two private commercial banks - ICB Islami Bank and Padma Bank PLC - received no remittance during the month. Among foreign commercial banks, all except Standard Chartered saw negligible inflows.