The country received highest remittance in March in last six months as the expatriate Bangladeshis remitted about US$1.332 billion in the previous month, reports UNB. The non-resident Bangladeshis sent $1.244 billion to the country in September last year.Since then, the flow of monthly remittance was between $1.109 billion and $1.127 billion. According to Bangladesh Bank statistics, the country received $1.018 billion in October, $1.1182 billion in November, $1.175 billion in December, $1.243 billion in January and $1.189billion in February.
Of the $1.332 billion remittance entering the country in March, $435.29 million came through four state-owned banks while $17.17 million arrived by four state-owned specialised banks. However, $864.17 million, the largest part of remittance, came through the private banks while the smallest part, $15.88 million, came through the nine foreign banks operating in the country through their branches.
Among the four state-owned commercial banks, Agrani Bank brought $156.31 million while Janata Bank received $114.07 million, Rupali Bank $22.89 million and Sonali Bank $142.02 million in remittance from the expatriate Bangladeshis in March.
Among the private banks, Islami Bank Bangladesh Limited (IBBL) led the foreign remittance inward flow with the highest amount of $339.68 million, followed by National Bank Limited (NBL) with $66.45 million.
However, the lowest remittance was received by the three NRB banks, which were set up by non-resident Bangladeshis with the main aim of remitting their earnings.
Of the three such banks, NRB Global Bank Ltd failed to receive any remittance while the NRB Commercial Bank Ltd got $0.02 million and NRB Bank received $1.30 million. The other private banks which brought substantial amount of remittance include Uttara Bank ($50.88 million), Dutch-Bangla Bank ($50.11 million), Pubali Bank ($48.33 million), Bank Asia ($45.62 million), Prime Bank ($29.30 million), BRAC Bank $26.03 million), Southeast Bank ($17.01 million), NCC Bank ($17.04 million), AB Bank ($16.83 million), The City Bank ($16.57 million), and Dhaka Bank ($13.91 million).
-Independent
