Private transfers to Armenia grew by 10.9% to over $1.5bln in 11 months

YEREVAN, January 16. /ARKA/. Private transfers to Armenia grew by 10.9% to over 1.5 billion USD in January-November 2012, as compared to the same period of the year before, the Central Bank of Armenia reported.

Transfers from Armenia abroad totalled $262.7mln in the 11 months of 2012, as compared to $238.4mln in January-November 2011 (10.2% increase).

Net receipts amounted to about $1.2bln in January-November 2012 against about $1.1bln in the same period of the year before (11% increase).

The highest net receipts, over $1.3bln, were recorded in transfers from Russia in the reporting period. ($1=407.30drams).–0–

spot_img

POPULAR

VTB (Armenia) continues to develop its small business lending capabilities

YEREVAN, August 13. /ARKA/. VTB (Armenia) small business clients now have access to the "Express" loan, which allows them to obtain up to 20 million Armenian drams for business development.

Results of the latest Junius stage summarized: a new stage lies ahead (VIDEO)

Precise mathematical calculations, financial skills, and boundless enthusiasm: the latest stage of the Junius financial tournament has successfully concluded.

Customer Appreciation Day – This Time at IDBank’s “Erebuni” Branch

YEREVAN, August 11. /ARKA/. IDBank’s initiative dedicated to thanking customers and surprising them without any special occasion was held at the “Erebuni” Branch.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 3-9)

Armenia's financial agenda last week was determined by the Central Bank's maintenance of current monetary conditions, indicators of the banking and non-banking credit sectors, capital market activity, the state of public debt, and decisions on attracting financing from international financial institutions.

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

LATEST NEWS

spot_imgspot_imgspot_img