$1.3b in remittance received in Dec

The country received $1.307 billion in remittance in December 2015 against $1.275 billion in the corresponding period of the previous year, reports UNB. Bangladesh Bank statistics revealed that the four state-owned commercial banks—Agrani, Janata, Rupali and Sonali—received a total of $393.04 million from the expatriate Bangladeshis while four state-owned specialised banks got $13.02 million.
The maximum remittance came through the private commercial banks who brought $883.99 million while the nine foreign banks only $17.75 million.
Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the remittance earning as it received the highest remittance of $321.25 million, followed by National Bank Limited (NBL) with $56.13 million.
Of the state-owned banks, Agrani Bank received $139.10 million, Sonali Bank $126.61 million, Janata Bank $105.40 million and Rupali Bank $21.93 million.
Among other private banks who are in the leading positions in earning remittance include Uttara Bank ($55.85 million), Dutch-Bangla Bank ($51.41 million), Pubali Bank ($46.91 million), Bank Asia ($33.19 million), Prime Bank ($30.49 million), BRAC Bank ($22.32 million) Trust Bank ($21 million), and AB Bank ($19.87 million).
The newly established NRB banks showed a poor performance in earning the remittance from the expatriates in December as usual although the government allowed establishing these banks with high hope.
Of the three NRB banks, NRB Bank received $0.64 million while NRB Commercial Bank got $0.59 million and NRB Global Bank received $0.09 million in remittance from non-resident Bangladeshis during the period.

 

$1.3b in remittance received in Dec

The country received $1.307 billion in remittance in December 2015 against $1.275 billion in the corresponding period of the previous year, reports UNB. Bangladesh Bank statistics revealed that the four state-owned commercial banksAgrani, Janata, Rupali and Sonalireceived a total of $393.04 million from the expatriate Bangladeshis while four state-owned specialised banks got $13.02 million. The maximum remittance came through the private commercial banks who brought $883.99 million while the nine foreign banks only $17.75 million. Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the remittance earning as it received the highest remittance of $321.25 million, followed by National Bank Limited (NBL) with $56.13 million. Of the state-owned banks, Agrani Bank received $139.10 million, Sonali Bank $126.61 million, Janata Bank $105.40 million and Rupali Bank $21.93 million. Among other private banks who are in the leading positions in earning remittance include Uttara Bank ($55.85 million), Dutch-Bangla Bank ($51.41 million), Pubali Bank ($46.91 million), Bank Asia ($33.19 million), Prime Bank ($30.49 million), BRAC Bank ($22.32 million) Trust Bank ($21 million), and AB Bank ($19.87 million). The newly established NRB banks showed a poor performance in earning the remittance from the expatriates in December as usual although the government allowed establishing these banks with high hope. Of the three NRB banks, NRB Bank received $0.64 million while NRB Commercial Bank got $0.59 million and NRB Global Bank received $0.09 million in remittance from non-resident Bangladeshis during the period.