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

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia

The European Bank for Reconstruction and Development (EBRD) is set to launch a new AMD 5 billion floating-rate bond issuance in the Armenian capital market, reaffirming its commitment to supporting the development of local currency financing and deepening Armenia’s financial markets.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img