June remittance records $968.64 million

Bangladesh received $968.64 million as remittance in the first 19 days of June. The Bangladesh Bank (BB) statistics show the four state-owned commercial banks — Agrani, Janata, Rupali and Sonali — received $308.44 million from the expatriate Bangladeshis while four state-owned specialized banks got $10.88 million.

The maximum remittance came through the private commercial banks who brought $639.89 million Remittance-450x325while the nine foreign banks only $9.43 million.

Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the remittance earning as it received the highest remittance of $251.23 million, followed by National Bank Limited (NBL) with $42.48 million.

Of the state-owned banks, Agrani Bank received $117.37 million, Sonali Bank $89.28 million, Janata Bank $85.30 million and Rupali Bank 16.49 million.

Among other private banks who are in the leading positions in earning remittance include Uttara Bank ($42.31 million), Pubali Bank ($36.25 million), Dutch-Bangla Bank ($29.82 million), Bank Asia ($29.24 million), Trust Bank ($17.22 million), Prime Bank ($23.78 million), BRAC Bank ($17.65 million) and AB Bank ($12.67 million).

The NRB banks showed a poor performance in earning the remittance from the expatriates although the government allowed establishing these banks with high hope.

Of the three NRB banks, NRB Bank received $0.71 million while NRB Commercial Bank got $0.01 million and NRB Global Bank received $0.05 million in remittances from non-resident Bangladeshis during the period.