Remittance inflow increases by 8.73pc in Oct

Bangla Tribune Desk
Published : 10:19, Nov 07, 2018 | Updated : 10:19, Nov 07, 2018

RemittanceBangladeshi expatriates sent home $1,239.11 million remittance in October which is 8.73 percent higher than the amount received in the previous month in this year, reports BSS.
According to Bangladesh Bank (BB), the country received $1,139.66 million remittance in September 2018.
In October this fiscal, six state-owned commercial banks- Agrani, Janata, Rupali, Sonali, BASIC and BDBL received $299.36 million while one state-owned specialised bank, Bangladesh Krishi Bank, received $14.57 million.
Of the state-owned banks, Agrani Bank received $122.56 million, Janata Bank $72.08 million, Rupali Bank $16.87 million, Sonali Bank $87.68 million and Basic Bank received $0.17 million.
Besides, the expatriates have sent $913.30 million through private commercial banks. Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) received the highest amount of $224.50 million as Dutch-Bangla Bank (DBBL) received $93.51 million.
On the other hand, the expatriates have sent $11.88 million through the foreign commercial banks.