Aug remittances surge 22pc
Bangladesh, Sept. 2 -- Bangladesh's remittance inflow continued its upward trend in August, rising more than 22 per cent year on year to $2.97 billion, according to Bangladesh Bank data.
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The inflow was $545 million higher than the $2.42 billion received in the same month a year earlier.
The latest monthly figure was also 3.77 per cent higher than the $2.86 billion recorded in July, the central bank data showed.
Among banks, Islami Bank Bangladesh received the highest remittance inflow in August at $550.89 million, followed by Bangladesh Krishi Bank with $291.91 million, BRAC Bank with $252.81 million, Trust Bank with $211.49 million and Agrani Bank with $162.08 million.
Despite the strong growth, monthly remittance inflo...
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