YEREVAN, May 19. /ARKA/. Individual money transfers to Armenia in the first quarter of 2021 grew by 14.7% or $52 million to $406 million, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Wednesday.
According to him, the bulk – about $154 million – came from Russia, another $118 million – from the United States, $13 million from Kazakhstan, $15 million from Germany, $12 million from France and smaller amounts from other countries.
He also noted that money transfers from Armenia to other countries in the first quarter increased by 3.9% or $10 million to $277 million.
According to him, $86 million were remitted to Russia, $44 million to the United States and smaller amounts to other countries. ($1 – 521.55 drams). -0-
