Thu, 6 November
13.1 C
Yerevan
USD: 382.57 RUB: 4.70 EUR: 439.34 GEL: 141.24 GBP: 498.34

Inflow of individual money transfers in Armenia grows 20.9% in Jan-Nov 2011

YEREVAN, January 13. /ARKA/. The Central Bank of Armenia says $1380.6 million was received in Armenia in Jan-Nov 2011 as individual noncommercial transfers – 23.1% year-on-year growth.
 
 According to the information available on the central bank’s official website, $238.4 million was transferred from Armenia abroad in Jan-Nov 2011 against the $198.5 million sent outside of the country at the same period a year earlier – 20.1% year-on-year growth.
 
Net inflow grew 21% from $943.8 million in Jan-Nov 2010 to $1142.1 million in Jan-Nov 2011.
 
Individual money transfers shrank 2.2% in November, compared with October, to $142.5 million.
 
The largest amount came from Russia in Jan-Nov 2011 ($1028.7 million), just as at the same period a year before. ($1 – AMD 388.16).-0–
spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

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.

LATEST NEWS

spot_imgspot_imgspot_img