Wed, 18 February
17.1 C
Yerevan
USD: 377.69 RUB: 4.93 EUR: 446.88 GEL: 141.06 GBP: 512.37

Net transfer inflow to Armenia rose by 20% to 166.7bln drams in Q4

YEREVAN, March 26. /ARKA/. Net money transfer inflow to Armenia grew by 20% up to 166.7bln drams in Q4 of 2012, as compared to the same period of the year before, says the 2012 4th quarter bulletin of the country’s Central Bank.

In the reporting period some 755,000 transfers to Armenia were effected through commercial banks, members of international transfer systems, and payment organizations, worth a total of 191.4bln drams (22% increase against Q4 2011).

The total amount of transfers to Armenia was 7.8 times as much as that of transfers from the country in the quarter.

Average amount of a transfer to Armenia through payment systems was 254,000 drams, according to the report.

Payments to individuals through loro accounts totaled about 74.4bln drams in Q4 (an increase of 32% against the same period of 2011) with an average payment worth 5.1mln drams (increase of 1.5mln drams).

Individual transfers from Armenia through loro accounts were 61.5bln drams (reduction of 8.7bln).
($1=418.15drams).  –0–

spot_img

POPULAR

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img