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Remittance inflow increases by 18pc in July


Remittance inflow increases by 18pc in July

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, local media reports said.

According to Bangladesh Bank , 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 Bangladesh Development Bank Limited 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.

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