TBT DESK: Even though Bangladesh witnessed record-breaking remittance inflows in recent times, eight banks failed to attract a single penny from expatriates.
The banks with zero remittance receipts include two state-owned institutions - Bangladesh Development Bank (BDBL) and Rajshahi Krishi Unnayan Bank (RAKUB); three private banks - Citizen Bank, ICB Islamic Bank, and Padma Bank; and four foreign banks - Habib Bank, National Bank of Pakistan, State Bank of India, and Woori Bank.
Bangladesh received a historic $3.29 billion in remittances ahead of Eid, and the momentum has continued even after the festival.
In the first 19 days of April alone, expatriates sent $1.78 billion, with an average daily inflow exceeding $90 million (approximately Tk 1,104 crore).
But, none of these eight banks received any portion of this remittance during the period.