Bangladesh received $903.49 million in remittances in the first 10 days of May, according to Bangladesh Bank data released on Monday (May 12).

This marks a daily average of $90.34 million, showing an increase from the previous year’s daily average of $75.16 million in May.

State-owned commercial banks handled $279 million, while the Agriculture Bank processed $98.15 million. Private banks received $533.65 million, and foreign banks facilitated $1.61 million in transfers.

Among individual banks, Islami Bank recorded the highest remittance inflow, totaling $177.14 million.

The steady remittance growth reflects confidence in Bangladesh’s financial system and continued support from expatriates.

MSK/