Sun, 5 October
7.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Net inflow of individual transfers to Armenia grows 15% to AMD 147.5 billion in 2nd Q 2013

YEREVAN, September 18. /ARKA/. Net inflow of individual transfers to Armenia via international money transfer systems grew 15% in the second quarter of this year, compared with the same quarter of the previous year, to AMD 147.5 billion, the Central Bank of Armenia reports in a fresh issue of its quarterly bulletin.

According to it, 821,000 transfers have been operated over the mentioned period. The money transferred to Armenia exceeded 7.5 times the amount sent outside.

The average amount of one transfer was AMD 207,000.

Commercial banks paid AMD 59.1 billion to individuals on correspondent accounts in the second quarter of this year – 24% year-on-year contraction.

The average size of one payment was AMD 4.3 million (more than the 2nd Q 2012 payment by AMD 1.1 million).

Individuals’ transfers abroad on correspondent accounts totaled AMD 57.3 billion (26% year-on-year decline). ($1 – AMD 409.61). —-0—-

spot_img

POPULAR

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.

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img