ePaper

Thursday, May 24, 2018

Bangladesh receives over $1,300m remittance in March

  • Print

Expatriate Bangladeshis have sent US$1,300.46 million remittance in March this year, which is $222.94 million above than 
the same month of previous year. 

The country received $1,077.52 million remittance in March, 2017. 

In the nine months of the current 2017-18 financial year (FY18), the country received a total of $10,761.29 million remittance while total inflow of the remittance for the nine months was $9,194.59 million last fiscal. 

The data also showed that Bangladeshi expatriates used more private banking channels for sending $959.51 million remittance on March.

Six state-owned commercial banks-- Agrani, Janata, Rupali, Sonali, Basic and BDBL-- received $315.79 million while one state-owned specialised bank, Bangladesh Krishi Bank, received $11.34 million. 

Of the state-owned banks, Agrani Bank received $125.55 million, Janata Bank $77.17 million, Rupali Bank $14.21 million, Sonali Bank $98.46 million and Basic Bank $0.40 million. 

Besides, the expatriates have sent $13.82 million through foreign commercial banks. Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) received the highest amount of $282.56 million as Dutch-Bangla Bank (DBBL) received $73.84 million. 

More News For this Category

Asia markets dive as Trump sparks N.Korea, trade worries

| By Asian Age Online
Asian and European markets tumbled Wednesday after Donald Trump cast doubt on
Asia markets dive as Trump sparks N.Korea, trade worries

Marine survey vessel so far finds 298 species of fishes in Bay: Experts

| By Asian Age Online
Though the high-tech ocean survey vessel has
Marine survey vessel so far finds 298 species of fishes in Bay: Experts

Traffic jam costs Tk 370bn a year

| By
Bangladesh loses Tk 370 billion a year, which is equal to 11 percent of the national budget, to traffic congestion in Dhaka, according to a
Traffic jam costs  Tk 370bn a year

Budget to see corporate tax cut, higher exemption limit

| By Asian Age Online
The taxpayers of the country are going to get some good news in the coming budget for 2018-19 fiscal, the last one of
Budget to see corporate tax cut, higher exemption limit

Country's annual food wastage surpasses GDP growth: experts

| By Asian Age Online
The country witnesses an economic loss of Taka 1,56,000 crore annually which is more than of per annum GDP
Country's annual food wastage surpasses GDP growth: experts

ADB projects 7pc GDP growth in current FY

| By Asian Age Online
Bangladesh's gross domestic product (GDP) will be 7 percent in the current fiscal year (2017-'18) while 7.2 percent in the next fiscal as
ADB projects 7pc GDP growth in current FY

Muhith supportive of publishing loan defaulters’ names in media

| By Asian Age Online
Finance MinisterAMA Muhith on Wednesdaysaid that the government might publish the name, address and identity of the bank loan defaulters periodically in the
Muhith supportive of publishing loan defaulters’ names in media

Govt to keep interest rates on savings certificates intact

| By Asian Age Online
The National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan today said the government would try its best to 
Govt to keep interest rates on savings certificates intact

Bangladesh receives over $1,300m remittance in March

| By Asian Age Online
Expatriate Bangladeshis have sent US$1,300.46 million remittance in March this year, which is
Bangladesh receives over $1,300m remittance in March

Rate cut fails to boost stocks

| By Asian Age Online
The stock market ended flat on Wednesday, a day after the central bank cut the repurchase (repo) rate by 75 basis points to 6 percent
Rate cut fails to boost stocks

© 2018 The Asian Age