BRAC Bank PLC has processed a record $2.97 billion in inward wage earners' remittances for the fiscal year 2025-26, securing its position as the third-largest remittance bank in Bangladesh.
The figure represents a significant expansion in the lender's cross-border payment volume, reflecting strong demand for its remittance channels among overseas Bangladeshis.
The achievement highlights the bank's strategic focus on retail funding and digital payment infrastructure.
By capturing a larger share of the country's remittance inflows, BRAC Bank strengthens its liquidity position and reduces reliance on more expensive wholesale funding sources.
This trend is particularly notable in a market where remittances constitute a critical component of foreign exchange reserves and household income.
The remittance milestone arrives shortly after the bank announced that its retail deposit portfolio had surpassed Tk 50,000 crore as of June 30, 2026.