Remittance increased 17.51 percent in ten months

in #esteem6 years ago

In the first ten months of the financial year 2017-18, the expatriate Bangladeshis sent remittance amounting to 12.088.18 million dollars in the country. During the same period of the previous year, the remittance sent by the expatriate Bangladeshis was 17.51 ​​percent more than the amount sent by the expatriate Bangladeshis.

During the year 2016-17, the amount of remittance in the country was 10.287.23 million taka dollars. The information was received today by Bangladesh Bank sources.
Bangladesh Bank deputy governor Abu Hena Mohammad Razi Hasan said, remittance flows increased during the fiscal year 2017-18, due to some steps taken by the central bank to encourage expatriate Bangladeshis to send money to the country. He said that earlier, expatriate Bangladeshis used some informal channels with mobile banking for sending money to the country. In recent times due to increased surveillance of the central bank and law enforcement agencies, the rate of sending of money to the informal channel has decreased. He said that mobile financial providers have been playing an important role with bKash to stop sending money to illegal channels in the country. He expressed hope that the remittance flow will increase further in the month of Eid.

According to the central bank data, in the year 2017-18 fiscal year, the amount of 1,327.18 million, 1,299.77 million in March, 1,149.08 million in February, 1,379.79 million in January, 1,163.82 million in December, 1 in November , 2114.75 million, 1,162.77 million in October, 856.87 million in September. 1,414.58 million in August and 1,115.57 million dollars in July remittance came to the country.

In the year 2016-17, the figure was 1,092.64 million in April, 1,077.52 million in March, 940.75 million in February, 1,009.47 million in January, 1,163.82 million in December, 1,214.75 million in November, 1,168.27 million in Oct., 856.87 million in September, 1,418.58 million in August, and 1,115.57 million dollars in July.

In March last year, remittance came in 326.56 million taka against the six commercial banks of Agrani, Janata, Rupali, Sonali, BASIC and BDBL Bank respectively and through the country's exclusive specialized bank Bangladesh Krishi Bank, remittance came to 10.93 million taka in the country. Dollar

During this period, 130.35 million in Agrani Bank, 79.98 million in Janata Bank, 15.31 million in Rupali Bank, 100.77 million in Sonali Bank, 0.15 million taka in remittance in Arb Basic Bank.

Apart from this, 975.57 million taka dollars remittance through private commercial banks came to the country. Among them, the highest number of 2666.19 million came from Islami Bank Bangladesh Limited and 66.39 million dollars through Dutch Bangla Bank.

Anis A. Khan, Managing Director of Mutual Trust Bank, said the remittance flow was increasing day by day. Authorities took different steps to bring remittance through the legal channel. We are trying to simplify the process of legal channels for expatriates. To this end, we signed the agreement with the various exchange houses.

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70351.33
ETH 3563.43
USDT 1.00
SBD 4.72