Remittance hits 3-month high

Remittance flows to Bangladesh rose to a three-month high in June as expatriates sent home $1.79 billion in the first 23 days of the month to help their families celebrate Eid-ul-Azha.

Remitters transferred $1.69 billion in May and $1.68 billion in April, according to data from the Bangladesh Bank.

From June 1 to June 23, the highest $291 million remittance came to the country through Islami Bank Bangladesh Ltd.

State-owned Agrani Bank came second as it channelled $115 million while private commercial lender Premier Bank brought home the third-highest amount of $114 million.