Expats remit $1.144b in first 17 days of Aug

Expatriates sent $1.144 billion in remittances to Bangladesh through legal channels in the first 17 days of August, according to data from Bangladesh Bank.

The central bank reported that $95.65 million was received in the first three days of the month, with an additional $387.12 million arriving between August 4 and 10.

During this period, two state-owned banks, Bangladesh Development Bank (BDBL) and Rajshahi Krishi Unnayan Bank (RAKUB); five private banks, Community Bank, Citizen Bank, ICB Islamic Bank, Padma Bank, and Shimanto Bank; and four foreign banks, Habib Bank, National Bank of Pakistan, State Bank of India, and Woori Bank, recorded no remittance inflows, according to the data.