Sept remittance hits $ 843.32m

http://www.theindependentbd.com/business/finance/73565-sept-remittance-hits–84332m.html

Sept remittance hits $ 843.32m
Author / Source : UNB

DHAKA, OCT 3: Bangladesh fetched $ 843.32 million in remittance in September this year compared to $ 837.71 million during the corresponding period last year. The remittance inflow, however, totalled $ 2960.69 million during July-September period of the current fiscal year, an increase of $ 301.74 million than the same period of the previous fiscal (2010-11), according to the latest provisional figures on inward remittance released by the Bangladesh Bank.

The central bank data showed that in this September, the highest amount of $ 565.058 million came through 27 private commercial banks while the 2nd highest $ 256.700 million through four state-owned commercial banks—Sonali, Agrani, Janata and Rupali.

Some $ 11.104 million came through two specialised banks—Bangladesh Krishi Bank and Basic Bank Ltd—while $ 10.457 million were channelled through nine foreign commercial banks operating in Bangladesh.  Bangladesh received $11650.31 million in remittance in fiscal 2010-11, showing a little growth of 6.3 per cent over the same period of the previous fiscal. It received $10987.4 million in remittance in fiscal 2009-10.

Bangladesh witnessed a steady growth in the remittance inflow over the last three decades with the expansion of overseas job markets for its nationals, especially in the Middle East countries.

Advertisements

Comments are closed.