News Desk : dhakamirror.com
The funds deposited by Bangladeshi clients in the banks of Switzerland have increased by nearly 55 percent to 871.11 million Swiss francs year on year in 2021 when the world was trying to recover from the coronavirus pandemic.
At the end of 2021, the total amount of money deposited in the Swiss Banks stood at 871.1 million Swiss francs (87 crore 11 lakh Swiss francs). Given the exchange rate of Tk 95 per Swiss franc, this amount stands at around Tk 82.76 billion (Tk 8,276 crore) in local currency.
Money deposited in the Swiss banks decreased in three calendar years from 2018 to 2020.
In 2020 the total deposits of Bangladeshis in those banks had been 562.9 million Swiss francs (56 crore 29 lakh Swiss francs) or Tk 53.48 billion (Tk 5,348 crore). That means the amount of money kept by Bangladeshis in the Swiss banks has gone up by Tk 29.28 billion (Tk 2928 crore), that is, 55 per cent. This was revealed in the annual report of Switzerland’s central bank Swiss National Bank (SNB).
Not only Bangladesh, deposits from India and Pakistan with Swiss banks also surged last year.
Deposits from India increased by over 50 percent to CHF 3.83 billion in 2021, up from CHF 2.55 billion the previous year.
From Pakistan, deposits surged to CHF 710 million in 2021 against CHF 640 million in 2020.
However, deposits from the crisis-hit Sri Lanka plunged to CHF 60 million last year, down from CHF 130 million in 2020.
– With prothomalo.com input