Remittance inflows to Bangladesh rose to $2.52 billion in February. The highest remittance was received from the United States, amounting to $491 million.
According to a report published by Bangladesh Bank on Thursday, the other top 10 remittance-sending countries include the United Kingdom, United Arab Emirates (UAE), Saudi Arabia, Malaysia, Oman, Kuwait, Italy, Qatar, and Singapore.
The second-highest remittance – $335 million – came from the UAE. Additionally, Saudi Arabia contributed $329 million in remittance, followed by the UK with $305 million, Malaysia with $183 million, Kuwait with $141 million, Oman with $124 million, Italy with $111 million, Qatar with $100 million, and Singapore with $79 million.
In terms of regions, the Dhaka division received the highest remittance in February – $1.22 billion. Remittance inflows to other divisions stood at $727 million in Chattogram, $207 million in Sylhet, $107 million in Khulna, $81 million in Barishal, $77 million in Rajshahi, $55 million in Mymensingh, and $48 million in Rangpur.
The report also shows that during the month, state-owned banks received $895 million, specialised banks received $202 million, private banks received $1.42 billion, and foreign banks received $5.8 million in remittance.
It is to be noted that the total remittance inflow was $2.16 billion in the same period last year.
Bd-pratidin English/FNC
