Remittances in April increased 21 percent

In April, expatriate Bangladeshis sent $ 132.7 million to remittance countries. Which is 23 million dollars or 21 percent more than the same period last year. In April last year, the amount of remittance was 109 billion and 26 million dollars.

Update of Bangladesh Bank has shown, due to the increase in the expatriate income in April, the total income increased ten months (July-April) of the fiscal year. The total amount of expatriates in the country was $ 1,08 billion. Which is 17.55 percent more than the previous year. Last year (in the year 2017), there were 1,118 million dollars remittance in 10 months.

According to the data, about 14.48 percent fewer remittances than the previous year (2015-2016) in the fiscal year 2016-17. Expatriates sent $ 130 million 4 million in March Which was $ 15 million more than the previous month's February. In addition, about 20 percent more expatriate income came in the same month last year compared to the same period last year. Expatriate income increased 17 percent for the nine months of the current fiscal year (July-March) compared to the same period of the previous fiscal year.

According to the Central Bank report, in April remittance came through state-owned banks 32 million and 65 million dollars Which was 31 million 58 million dollars in March The special two banks came in 10 million dollars, which was 13 million dollars in March. Apart from this, 97 million and 55 million dollars expatriates came from private banks, which in March was 9 95 million dollars. Foreign banks made $ 14.5 million, which was $ 1.18 million in March. As always, the National Bank of Baroda has the highest earning income after the private bank of the country. In April, the bank earned remittance 13 million dollars The previous month was 12.55 million dollars, 10 million dollars through Sonali Bank and 80 million dollars through Janata Bank.