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Total remittance flow through the local agent banking channel has crossed the Tk100,000 crore-mark since its inauguration in 2013, boosting rural savings in the process, according to the Bangladesh Bank.
Central bank data showed that remittance more than Tk106,000 crore has been distributed through agent banking till September this year.
The deposit in the agent banking channel stood at Tk30,325 crore at the end of September this year, a 33% rise from last year.
People concerned said customers are gradually interested in agent banking as many banks are opening agent banking outlets.
Besides, the remittance growth is driving the sector further.
According to the central bank, 31 banks are currently running 20,177 agent banking outlets.
Of these, 17,384 are in rural areas and 2,793 in the urban regions.
The sector has already disbursed loans of Tk685 crore at the end of September.
Stakeholders said they were emphasizing on disbursing more loans through this channel.
According to the Bangladesh Bank, in the last one year, loan disbursements through the agent banking channel have increased by around Tk200 crore.
(DT)
