$1.38b remittance received in July

Expatriate Bangladeshis have sent US$ 1.387 billion remittances in the first month (July) of the current fiscal year, 2015-16, reports BSS.
Latest data of Bangladesh Bank (BB) shows the amount is slightly less as compared to the inflow in the same month last fiscal. In July of FY15 remittance inflow was registered at $ 1.49 billion.
According to statistics, the state-owned commercial banks all together carried in $ 413.6 million. Besides, specialized Bangladesh Krishi Bank channeled $ 17.4 million  remittance.
On the other hand, local private commercial banks had the stake of $ 940 million while $ 15 million came through foreign commercial banks.
The yearly remittance inflow to the country hit a new record, crossing the $15-billion mark at the end 2014-15 financial year (FY15), according to Bangladesh Bank (BB). The previous highest record was $14.46 billion in 2012-13 financial year (FY13).
BB data showed that the country received $15.3 billion in remittance from expatriates Bangladeshis in the just concluded financial year, which was 7.5 per cent higher than that of the previous 2014-15 fiscal year (FY14). Expatriate Bangladeshi sent home over $14.22 billion in FY14.

 

$1.38b remittance received in July

Expatriate Bangladeshis have sent US$ 1.387 billion remittances in the first month (July) of the current fiscal year, 2015-16, reports BSS. Latest data of Bangladesh Bank (BB) shows the amount is slightly less as compared to the inflow in the same month last fiscal. In July of FY15 remittance inflow was registered at $ 1.49 billion. According to statistics, the state-owned commercial banks all together carried in $ 413.6 million. Besides, specialized Bangladesh Krishi Bank channeled $ 17.4 million remittance. On the other hand, local private commercial banks had the stake of $ 940 million while $ 15 million came through foreign commercial banks. The yearly remittance inflow to the country hit a new record, crossing the $15-billion mark at the end 2014-15 financial year (FY15), according to Bangladesh Bank (BB). The previous highest record was $14.46 billion in 2012-13 financial year (FY13). BB data showed that the country received $15.3 billion in remittance from expatriates Bangladeshis in the just concluded financial year, which was 7.5 per cent higher than that of the previous 2014-15 fiscal year (FY14). Expatriate Bangladeshi sent home over $14.22 billion in FY14.