Internet banking transaction jumps by 41pc

Dhaka,  Wed,  23 August 2017
Published : 13 Jun 2017, 10:05:44

Internet banking transaction increases by 41pc in FY17

FE Online Report
Financial transaction through the country’s internet banking jumped by 41 per cent during the first nine months of the current fiscal year (FY17).

Statistics available with Bangladesh Bank revealed that the value of internet banking transaction stood at Tk 258.43 billion in July-March period of the current fiscal year.

The value was recorded at Tk 182.65 billion in the same period of the past fiscal year.

Internet banking, also dubbed as web banking or online banking, basically offers customers almost every service traditionally available at a local branch through online.

Central bank statistics also showed that on quarterly basis, transaction in the latest quarter (January-March) reached at Tk 91.72 billion which was the higher amount in any quarter.

- AK
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