Islami Bank Bangladesh PLC has strengthened its position in remittance inflows, with around 5 million expatriates sending money through the bank, supporting the country’s foreign exchange reserves.
A large share of the country’s nearly 20 million expatriates rely on the bank for remittance transfers due to fast and reliable services, the bank said in a press release.
In 2025, expatriates sent around $33 billion to Bangladesh. Of this, $6.2 billion, was routed through Islami Bank.
The bank also holds a strong position in deposits.
It has mobilised around Tk1,86,000 crore in deposits from more than 30 million customers, marking a significant presence in the banking sector.
Islami Bank accounts for around 39 per cent of total deposits in the country’s Islamic banking segment, reflecting growing customer preference for Shariah-based banking.
The deposit base is enabling the bank to support industrialisation and infrastructure financing.
It is also playing a key role in import and export trade, helping maintain the country’s supply chain.
The bank’s investment in small and medium enterprises is contributing to the creation of new entrepreneurs.
Through its Rural Development Scheme, it is expanding banking services to marginal communities and supporting rural economic activity.
The initiative has created employment and contributed to poverty reduction.
At the same time, the bank is expanding digital banking services, increasing transaction speed and improving customer access.
The bank’s large customer base and strong remittance flows position it to play a continued role in supporting Bangladesh’s economic activities, according to the press release.
