Mobile banking crosses Tk 2.20 trillion in July-April  

Dhaka,  Sat,  19 August 2017
Published : 10 Jul 2017, 14:12:58 | Updated : 10 Jul 2017, 14:58:57
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Mobile banking transaction crosses Tk 2.20 trillion in July-April  

FE Online Report
Total value of financial transaction in the first 10 months of the just concluded fiscal year (FY17) through the mobile banking system crossed the total annual value of the previous fiscal year (FY16). 

Statistics available with Bangladesh Bank revealed that value of mobile banking transaction stood at Tk 2.20 trillion in July-April period of FY17 while the annual transaction in FY16 was Tk 1.96 trillion.

Central bank statistics also showed that total number of transaction through the mobile banking stood at around 1.33 billion in the first 10 months of FY17 while the number was 1.35 billion in the whole year of FY16.

According to the central bank estimation, some 26.51 per cent of the bank accounts of the country are now enjoying the facility of mobile or SMS banking.
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