Bangladesh Association of Banks (BAB) Chairman Abdul Hai Sarker has warned that a prolonged conflict between Iran and Israel could negatively affect Bangladesh’s remittance inflows. He made the remark on Monday after a meeting between the BAB and the Governor of Bangladesh Bank, which was attended by other BAB members.

According to Sarker, the meeting was primarily introductory and focused on banking sector development, policy coordination, and future cooperation. Both sides emphasized the need for stronger communication between private banks and the central bank for the country’s benefit. Discussions also covered revitalizing weak banks and strengthening the overall banking system. Sarker noted that the governor’s attitude toward private banks was positive and supportive of sectoral growth.

He added that the impact of the Iran-Israel conflict on remittances would depend on how long the situation lasts, as disruptions in the Middle East could affect Bangladeshi workers’ employment conditions. The meeting also highlighted the banking sector’s role in supporting the government’s goal of creating ten million jobs within 18 months through financing sustainable projects.