Remittance inflow increases by 18pc in July

Remittance inflow increases by 18pc in July
Published : 05 Aug 2018, 15:59:38
Remittance inflow increases by 18pc in July
bbarta desk
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Bangladeshi expatriates sent home US$1,316.93 million remittance in the first month of the current fiscal 2018-19, which is 18 percent higher than the amount received in the corresponding period of the preceding fiscal.
 
According to Bangladesh Bank (BB), the country received $1,115.57 million remittance in July 2017.
 
In July this fiscal, six state-owned commercial banks- Agrani, Janata, Rupali, Sonali, Basic and BDBL received $320.51 million while one state-
owned specialised bank, Bangladesh Krishi Bank, received $11.63 million.
 
Of the state-owned banks, Agrani Bank received $130.76 million, Janata Bank $82.52 million, Rupali Bank $17.02 million, Sonali Bank $90.08 million and
Basic Bank received $0.08 million.
 
Besides, the expatriates have sent $972.39 million through private commercial banks. Among the private commercial banks, Islami Bank Bangladesh
Limited (IBBL) received the highest amount of $246.55 million as Dutch-Bangla Bank (DBBL) received $70.54 million.
 
On the other hand, the expatriates have sent $12.40 million through the foreign commercial banks.-BSS
 
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