Sat, 29 November
10.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

Private transfers to Armenia in August increased by 26.3% to $209.4 million

YEREVAN, October 5. /ARKA/. In August 2011, the banking system of Armenia received private transfers in the amount of $209.4 million, increased by 26.3% (about $43.6 million) compared to the same indicator in 2010, informs the official site of the Central Bank of Armenia.

In August 2011, the volume of transfers from Armenia was $83.2 million vs. $61.3 million in August 2010 (growth of 35.8%). Net flow of received money in the reporting period was about $126.2 million vs. $104.5 million in August 2010 (growth of 20.7%).

Net flow in August 2011 compared to the last year increased by $10.7 million or 9.3%.

The largest net flow in August 2011 were transfers from Russia as in August 2010. ($134.9 million drams). ($1 – 375.17 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img