Remittance is important for Country’s economy basically developed country like Bangladesh. Typically for poorer recipients, remittance payments are used for basic survival, consumption, housing, health and education, as per above. Remittance grows a positive impact on GDP, also investment and development. Banks plays an important role for migrate remittance. Brac Bank is one of the leading bank which earning most remittance. Last 10 years banking sector increase 6% GDP by remittance and Government fulfill 27% of Budget by remittance earning.
Subject: Finance | Topics: Report