BRAC Bank wins Remittance Award from expatriates’ welfare ministry

The Ministry of Expatriates’ Welfare & Overseas Employment has awarded BRAC Bank the prestigious Remittance Award for the second consecutive year.

According to a press release, this recognition from the government of Bangladesh demonstrates BRAC Bank's strong commitment to bolstering the economy by simplifying remittance processes through digital solutions for wage earners worldwide.

Dr. Asif Nazrul, Adviser, Ministry of Expatriates’ Welfare & Overseas Employment and Ministry of Law and Justice, handed over the award to Shahrear Zamil, Head of Remittance and Probashi Banking, BRAC Bank, at a ceremony marking the International Migrants Day and National Expatriates Day 2025 in Dhaka on December 18, 2025.

A leader in facilitating inward remittances to Bangladesh, BRAC Bank achieved a milestone, with wage remittances totalling more than USD 2.1 billion in 2025. This milestone underscores its significant impact on the country's foreign exchange reserves and financial stability.

The Remittance Award acknowledges BRAC Bank’s facilitating role in driving economic growth, alleviating poverty, and fostering social development in Bangladesh through channelling international remittances in the banking channel.

As a leading bank in overseas remittances, BRAC Bank aims to elevate the country's image on the global stage, encouraging the Bangladeshi diaspora to increase their investment in the homeland and utilise formal remittance channels.

BRAC Bank's remittance recognition reflects its significant contribution to the national exchequer and its role as a catalyst for Bangladesh's economic prosperity.