Tue, 30 September
17.1 C
Yerevan
USD: 382.75 RUB: 4.63 EUR: 448.54 GEL: 141.34 GBP: 513.96

Money Gram total revenue last year increased by 7 percent

YEREVAN, February 12, /ARKA/. Money Gram, a leading global payment services company, reported financial results for the fourth quarter and full year ended December 31, 2012. Total revenue was $1,341.2 million, an increase of 7 percent over the prior year.

Total fee and other revenue increased 8 percent to $1,328.6 million from $1,230.9 million in the prior year. Money transfer fee and other revenue increased 10 percent over the prior year to $1,148.5 million, and increased 13 percent on a constant currency basis.

Money transfer transaction volume increased 14 percent over the prior year, led by 18 percent growth in sends originated outside of the U.S.,  -0-

spot_img

POPULAR

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.

Armenia’s state budget deficit planned to be reduced to 1% by 2030, according to Finance Minister

Armenia's state budget deficit is planned to be reduced to 1% by 2030, announced Finance Minister Vahe Hovhannisyan.

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