BSS-08 Remittance inflow increases by 18pc in July

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ZCZC

BSS-08

REMITTANCE-INFLOW

Remittance inflow increases by 18pc in July

DHAKA, Aug 5, 2018 (BSS) – 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/KUC/FI/ 1458 hrs