Govt gets $566m in remittances in 13 days

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remittances

MNA Business Desk: The country has received $566.57 million in remittances in the first 13 days of the current month of October, reported news agency.

Bangladesh Bank statistics show maximum remittance came through private commercial banks as they received $413.29 million while the nine foreign banks $4.68 million.

The 6 state-owned commercial banks – Agrani, Janata, Rupali, Sonali, BASIC and BDBL – brought in $143.21 million from Bangladeshi expatriates while two state-owned specialised banks got $5.39 million.

Of the private commercial banks, highest $117.34 million entered the country through Islami Bank Bangladesh Limited (IBBL) followed by Dutch-Bangla Bank’s $32.51 million.

Of the state-owned banks, Agrani Bank received $57.86 million while Sonali Bank $45.58 million, Janata Bank $31.94 million, Rupali Bank $7.74 million and BASIC Bank $0.09 million. However, BDBL received no remittance.

Among other private banks which are in leading positions in earning remittance include Bank Asia ($24.81mn), Pubali Bank ($21.86mn), Mutual Trust Bank ($21.44mn), Southeast Bank ($17.35mn), Brac Bank ($16.92mn), National Bank Limited ($16.59mn), (Uttara $13.30mn), Mercantile Bank ($10.07mn), NCC Bank ($10.33mn), Prime Bank ($9.15mn) and Trust Bank ($10.08mn).