Some 202 billion drams remitted to Armenia in the first three quarters of this year

YEREVAN, December 27. / ARKA /. Some 202 billion drams were remitted to Armenia in the first three quarters of this year by individuals through international money transfer systems  without opening bank accounts., 10.8 times more than the amount remitted from Armenia abroad, including through  commercial banks and other organizations, according to the Bulletin of the Central Bank of Armenia for the third quarter of 2012.

According to the Central Bank, the amount of remittances in the third quarter of this year increased by 21% (by 35 billion drams) compared to the same quarter last year. The average amount of a  money transfer was 242,000 drams.

According to the Bulletin, the amount of remittances through commercial banks grew by 22 percent from the third quarter of 2011 to 183 billion drams. ($ 1 – 403.13 drams).  -0-

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img