Thu, 5 February
0.1 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

Transfers to individuals in Armenia continue growing – daily

YEREVAN, February 21. /ARKA/. The volume of transfers addressed to individuals in Armenia continues to grow, the Zhogovurd reports. According to the newspaper, in December 2019, the net inflow of transfers from abroad to the bank accounts of individuals amounted to $ 65.8 million.

Compared to December 2018, the net inflow of transfers increased by $ 15.3 million. In December 2019, $ 150.3 million was taken from the country.

The paper also reports that the net inflow of transfers from Russia in December amounted to $ 45.7 million.

“It is clear that the main part of these funds is transferred by Armenians – labor migrants, and the funds are provided for the spending of their families,” the article says.

The net inflow of transfers from the United States increased sharply, in November 2019 it amounted to $ 10.8 million, while in December last year it reached $ 18.7 million. –0–

spot_img

POPULAR

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

LATEST NEWS

spot_imgspot_imgspot_img