BRAC Bank aims to become largest remittance bank

FE Team | Published: June 03, 2026 22:39:42

BRAC Bank has achieved strong growth in inward remittances over the past five consecutive years and now aims to become Bangladesh's largest remittance bank by 2028.
As remittance customers increasingly prioritise speed, security, and accessibility, BRAC Bank has continued strengthening its remittance banking capabilities through global partnerships, nationwide accessibility, digital innovation, and tailored financial solutions for Non-Resident Bangladeshis (NRBs) and their families, says a press release.
Tareq Refat Ullah Khan, Managing Director and CEO of BRAC Bank, said: "Our advancement to the second position in April 2026 reflects the trust that Non-Resident Bangladeshis have placed in us with their hard-earned income."
Over the past several years, the bank expanded its exchange house network across key migrant corridors in the Middle East, Southeast Asia, Asia Pacific, the United States, the United Kingdom, Europe, North America, and Africa. Through host-to-host technological integration, BRAC Bank now works with more than 80 exchange house partners worldwide to facilitate faster and more reliable remittance transfers.
The bank also strengthened domestic accessibility through 310 branches and sub-branches alongside 1,117 agent banking outlets, enabling remittance-receiving families to access funds conveniently.