Economic Reporter :
Bangladesh received $1.011 billion in remittance in October this year, down by about $44.66 million from previous month of September which received $1.055 billion.
Bangladesh Bank statistics show that of the total remittance inflow into the country, six state-owned commercial banks – Agrani, Janata, Rupali, Sonali BASIC and BDBL- received $319.82 million from expatriate Bangladeshis while two state-owned specialised banks got $11.23 million.
The maximum remittance came through private commercial banks as they received $667.98 million while the nine foreign banks $11.96 million.
Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the chart as it received $243.49 million, followed by National Bank Limited (NBL) with $41.88 million. Of the six state-owned banks, Agrani Bank received $119.44 million, Sonali Bank $95.30 million, Janata Bank $88.59 million, Rupali Bank $16.41 million, BASIC $0.08 million while BDBL received no remittance.
Among other private banks, Dutch-Bangla Bank received $40.34 million while Bank Asia $28.87 million, Uttara Bank $34.12 million, Pubali Bank $34.75 million, Prime Bank $21.39 million, Mercantile Bank $22.76 million, NCCBL $15.99 million, Southeast Bank $18.81 million, Trust Bank $18.73 million, BRAC Bank $16.68 million, AB Bank $19.89 million and Social Islam Bank $18.74 million.
The poorest performers in remittance earning, which earned zero remittance, include DBBL, Rajshahi Krishi Unnayan Bank (Rakub), Habib Bank, State Bank of India and National Bank of Pakistan.
The poorer performers are as usually the NRB Banks although the government allowed the establishment of these banks with high hopes in this regard. Of them, NRB Bank earned $0.10 million while NRB Commercial Bank $0.21 million and NRB Global Bank $0.15 million in remittance from non-resident Bangladeshis during the period.
The other poor performers in remittance receipt include Mghna Bank $0.14 million, Midland Bank $0.11 million, Modhumoti Bank $0.11 million, One Bank $0.70 million, SBAC Bank $1 million, The Farmers Bank $0.14 million, and ICB Islamic Bank $0.02 million.
Bangladesh received $1.011 billion in remittance in October this year, down by about $44.66 million from previous month of September which received $1.055 billion.
Bangladesh Bank statistics show that of the total remittance inflow into the country, six state-owned commercial banks – Agrani, Janata, Rupali, Sonali BASIC and BDBL- received $319.82 million from expatriate Bangladeshis while two state-owned specialised banks got $11.23 million.
The maximum remittance came through private commercial banks as they received $667.98 million while the nine foreign banks $11.96 million.
Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the chart as it received $243.49 million, followed by National Bank Limited (NBL) with $41.88 million. Of the six state-owned banks, Agrani Bank received $119.44 million, Sonali Bank $95.30 million, Janata Bank $88.59 million, Rupali Bank $16.41 million, BASIC $0.08 million while BDBL received no remittance.
Among other private banks, Dutch-Bangla Bank received $40.34 million while Bank Asia $28.87 million, Uttara Bank $34.12 million, Pubali Bank $34.75 million, Prime Bank $21.39 million, Mercantile Bank $22.76 million, NCCBL $15.99 million, Southeast Bank $18.81 million, Trust Bank $18.73 million, BRAC Bank $16.68 million, AB Bank $19.89 million and Social Islam Bank $18.74 million.
The poorest performers in remittance earning, which earned zero remittance, include DBBL, Rajshahi Krishi Unnayan Bank (Rakub), Habib Bank, State Bank of India and National Bank of Pakistan.
The poorer performers are as usually the NRB Banks although the government allowed the establishment of these banks with high hopes in this regard. Of them, NRB Bank earned $0.10 million while NRB Commercial Bank $0.21 million and NRB Global Bank $0.15 million in remittance from non-resident Bangladeshis during the period.
The other poor performers in remittance receipt include Mghna Bank $0.14 million, Midland Bank $0.11 million, Modhumoti Bank $0.11 million, One Bank $0.70 million, SBAC Bank $1 million, The Farmers Bank $0.14 million, and ICB Islamic Bank $0.02 million.
