Banks face liquidity strain as Tk8,565cr remittance incentive remains unpaid

Banks are experiencing financial strain as Tk8,565 crore in government-mandated 2.5% cash incentives for expatriate remittances remains pending.

Banks face liquidity strain as Tk8,565cr remittance incentive remains unpaid

Under existing government policy, commercial banks are responsible for distributing a 2.5% cash incentive to expatriate Bangladeshis on incoming remittances. Currently, the accumulation of Tk8,565 crore in unpaid incentives has placed significant pressure on the banking sector.

তথ্যসূত্র: TBS Bangladesh
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