The remittance inflow to the country marked a fall in August compared to that in July this year.
Bangladesh Bask statistics show that the country received $1.1872 billion in remittance in August against $1.387billion in July of the current year.
The central bank statistics reveal that the four state-owned commercial banks — Agrani, Janata, Rupali and Sonali — received $367.60 million in August while it was $413.65 million in July.
The four specialised banks received $12.04 million in August while they got $17.43 million in July.
The maximum remittance came through the private commercial banks was $792.67 million in August while it was $940.88 million in July while the nine foreign banks earned $14.91 million in August against $15.08 million.
Among the private commercial banks, Islami Bank Bangladesh Limited (IBBL) led the remittance earning as it received the highest remittance of $295.33 million in August followed by National Bank Limited (NBL) with $56.87 million.
Of the state-owned banks, Agrani Bank received $127.42 million, Sonali Bank $114.81 million, Janata Bank $107.55 million and Rupali Bank $17.82 million.
Among other private banks who are in the leading positions in earning remittance include Uttara Bank ($49.75 million), Pubali Bank ($45.66 million), Dutch-Bangla Bank ($43.71 million), Bank Asia ($32.85 million), Trust Bank ($25.16 million), Prime Bank ($30.36 million), BRAC Bank ($19.71 million) and AB Bank ($14.49 million).
The as usual poor performance of the NRB banks continued in August although the government issued license to these new banks with high hope to play major role in earning substantial amount of remittance from expatriates.
Of the three NRB banks, NRB Bank received $0.08 million while NRB Commercial Bank got $0.08 million and NRB Global Bank received $0.04 million in remittance from non-resident Bangladeshis during August.
The newly established banks like Modhumoti, Midland, Farmers Bank and Midland Bank also showed poor performance in earning remittance.
Source: UNB