BRAC Bank's agent banking network has been bringing remittances back into the formal financial system with its 1,120 agent banking outlets. A significant portion of these inflows used to be routed through informal channels for years in rural areas, limiting their full economic impact.
BRAC Bank has made remittance services more accessible, secure, and inclusive, according to a press release.
By extending banking services to the doorsteps of people-especially in remote and underserved areas-the bank is playing a crucial role in channeling expatriate income through formal means.
In Bangladesh, particularly in rural regions, remittances have long been constrained by the dominance of informal channels and limited access to banking infrastructure. The rapid expansion of agent banking has changed that reality, enabling financial services to penetrate deep into village communities.
In 2025 alone, BRAC Bank disbursed Tk 27.2 billion in remittances through its agent banking channel-double the amount recorded in the previous year. Beyond the impressive growth figures, the real story lies in how these services are delivered. Nearly 85 per cent of the funds were directly credited to customers' accounts, reducing cash dependency while enhancing transparency and security.
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