Remittance totals $6.07b in July-Dec

Posted by BankInfo on Tue, Jan 03 2012 05:51 am

The inward remittance inflow reached US$ 6.07 billion in the first half of current fiscal, registering 11.06 per cent growth over the same a year ago, showed the central bank’s figures.

In the same period of last fiscal, the remittance amounted to $ 5.46 billion.

The provisionally released data also showed the country received US$ 1.14 remittance in December 2011, which was 25.92 per cent higher than that of previous month. It is also the highest receipt in last six months.
The remittance received in November 2011 was $ 908.79 million.

Remittance in December 2011 also marked 18.09 per cent growth compared to the same month of 2010 when the amount was $ 969.09 million.

Bangladesh Bank figures further showed that the inward remittance inflow in December 2011 was 18.09 per cent higher than that of same month a year ago.

The remittance was channelled through six state-owned commercial and specilised banks, 30 private commercial banks and nine foreign commercial banks.

Islami Bank Bangladesh Limited remains on the top as ever by channeling $ 308.918 million in December 2011.

The Daily Sun/Bangladesh/ 3rd Jan 2012

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