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

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

Central Bank of Armenia warns of a new wave of telephone fraud

The Central Bank of Armenia has warned citizens of a new wave of telephone fraud.

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img