Monday, 23 Dec, 2024

Business

Bangladesh sees record $2B remittance in December

Senior Correspondent | banglanews24.com
Update: 2024-12-22 21:17:20
Bangladesh sees record $2B remittance in December

Bangladesh in the first 21 days of December, received $2.072 billion in remittances, which is Tk 24,086 crore, according to Bangladesh Bank report.

This marks the highest remittance inflow in recent times, with an average daily inflow of $95.58 million during the period. In comparison, daily remittance inflows stood at $73.31 million in November and $66.38 million in December last year.

State-owned commercial banks brought in $613.1 million, while specialized agricultural banks handled $77.35 million. Private commercial banks received $1.311 billion, and foreign banks processed $5.16 million in remittances.

Among individual banks, Islami Bank received the highest remittance of $275.42 million, followed by BRAC Bank, which handled $159.39 million during the same period.

This significant surge in remittances reflects growing contributions from expatriates and a positive trend in foreign currency inflows.

BDST: 1400 HRS, DEC 22, 2024
MSK

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.