Thursday 15 November 2018 ,
Latest News
  • BNP’s demand for polls deferment unrealistic: Quader
  • Keep aside 33 pc nominations for women: Leaders
  • BNP submits another list of 1,002 ‘fictitious cases’ to PMO
  • AL to interview its nomination seekers Wednesday
  • No way to defer election date further: CEC
  • Oikyafront to meet EC Wednesday seeking polls deferment
  • Technocrat ministers’ resignation to ‘take effect once PM accepts’
  • New election date aimed at keeping foreign observers at bay: BNP
  • Rohingya refugees flee camps to avoid return to Myanmar
7 November, 2018 08:24:16 PM

Print

October sees increased remittance inflow

Independent Online Desk
October sees increased remittance inflow

The country's remittance inflow marked a rise in October after its decline in September this year.

As per the statistics provided by the Bangladesh Bank, the country received $1.239 billion in remittance from expatriate Bangladeshis living in various countries while it had received $1.138 in September. In August, the remittance earning was $1.411 billion.

The central bank data shows that six state-owned commercial banks -- Agrani, Janata, Rupali, Sonali, BASIC and BDBL-- received $299.36 million from expatriate Bangladeshis while two state-owned specialised banks - BKB and RAKUB - got $14.57 million.

The maximum remittance came through private commercial banks as they received $913.30 million while the nine foreign banks $8.88 million.

Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the chart as it received $224.50 million, followed by Dutch-Bangla Bank's $93.51 million and Mutual Trust Bank's $51.83 million.

Of the four state-owned banks, Agrani Bank received $122.56 million, Sonali Bank $87.68 million, Janata Bank $72.08 million, Rupali Bank $16.87 million and BASIC Bank $0.17 million, while BDBL received no remittance.

Among other private banks, Trust Bank received $47.63 million while BRAC Bank $39.74 million, Southeast Bank Limited (SBL) $37.26 million, Mercantile Bank $37.80 million, National Bank $37.32 million, Pubali Bank $37.02 million, Bank Asia $35.78 million, NCCBL $30.93 million, Al Arafa Islami Bank $27.45 million, Prime Bank $27.32 million, Eastern Bank $27.12 million, Uttara Bank $25.23 million,AB Bank $20.53 million, Social Islam Bank $17.50 million and Jamuna Bank received $10.37 million.

The poorest performers in remittance earning, which earned zero remittance, include DBBL, Rajshahi Krishi Unnayan Bank (Rakub) and National Bank of Pakistan.

The poorer performers are as usually the NRB Banks although the government allowed the establishment of these banks with high hopes in this regard.

Of them, NRB Bank earned $0.76 million while NRB Commercial Bank $0.42 million and NRB Global Bank $0.55 million in remittance from non-resident Bangladeshis during the period.unb.

HM

.

Comments

Poll
Today's Question »
Oikyafront yesterday said the behavior of the EC and govt will determine whether the coalition stays in the election race or opts out. Do you support them?
 Yes
 No
 No Comment
Yes 99.1%
No 0.9%
No Comment 0.0%
Video
More Business Stories

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting