Deposits by Bangladeshis in Swiss Banks increase by 41% in a year

The amount of money deposited by Bangladeshi nationals in various Swiss banks has increased by nearly 41% within the span of a single year.

According to the annual report of the Swiss National Bank (SNB), deposits held by Bangladeshis in Swiss accounts rose to 834.1 million Swiss Francs (CHF) in 2025, up from 589.5 million CHF in 2024. In Bangladeshi currency, this amounts to approximately 12,678 crore BDT.

According to data from the Swiss National Bank, the total funds from Bangladesh first crossed the 100 million CHF threshold in 2006, which marked the final year of the BNP-Jamaat coalition government. That year, deposits grew from 97.2 million CHF to 124.3 million CHF.

The amount nearly doubled, reaching 243 million CHF during its first year.

Deposits stood at 152.3 million CHF in 2011 and rose steadily to reach 661.9 million CHF by 2016.

Read More: Proposed budget will take Bangladesh to new heights: Law Minister

Funds dropped to 481.3 million CHF in 2017 but surged again to 617.7 million CHF in 2018, an election year.

Deposits reached a historic peak of 871.1 million CHF, the highest ever recorded for Bangladeshis since 1996.

The figures dropped sharply to 55.2 million CHF in 2022 and further plummeted to 17.7 million CHF in 2023—marking a 28-year low.

Following this two-year consecutive decline, funds have begun rising again over the last two years, making the 2025 figure the second-highest total on record.

The primary reason affluent individuals worldwide prefer Swiss banks is the country's strict financial secrecy laws. Under Swiss legislation, banks are generally not obligated to disclose customer information or scrutinize the exact source of the money.

However, Switzerland has recently begun easing some of its absolute confidentiality policies regarding foreign funds.

The SNB publishes this data annually in compliance with international anti-corruption treaty obligations, providing a country-wise overview of total deposits. However, the report maintains strict anonymity and does not disclose any individual client details or identities.