Bangladesh-linked deposits in Swiss banks increased by 41 percent in 2025, reaching 834.2 million Swiss francs, equivalent to about 12,759 crore taka. The data, released by the Swiss National Bank (SNB) on Thursday, showed that deposits had been 589.5 million francs in 2024. This marks the second-highest level after 2021, when deposits peaked at 871.1 million francs.

According to the SNB’s annual report “Banks in Switzerland,” the sharp rise in 2025 was mainly driven by deposits from Bangladeshi banks, which grew 43 percent to 822.7 million francs. These accounted for 98.6 percent of total Bangladesh-linked deposits, up from 97.8 percent in 2024. Bank officials in Bangladesh said such placements are part of normal banking operations and not indicative of illicit assets. Personal deposits, however, fell by about 10 percent to 11.4 million francs.

The SNB report also noted that Switzerland now exchanges financial account data with 101 countries under the Automatic Exchange of Information (AEOI) framework, but Bangladesh has yet to commit to joining. Among South Asian nations, Bangladesh ranked second after India in total deposits for 2025.