Thu, 9 October
16.1 C
Yerevan
USD: 382.75 RUB: 4.69 EUR: 445.29 GEL: 141.21 GBP: 513.38

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

YEREVAN, August 6. /ARKA/. The net inflow of private money transfers from abroad through the banking system of Armenia in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the Central Bank.

Thus, this indicator decreased by about 1.3% year-on-year.

At the same time, in June of this year, the net inflow amounted to $75.9 million against $146 million in June last year.

The inflow of private cross-border money transfers from abroad through the banking system in the first half of this year amounted to $2.8 billion against $2.5 billion in the same period last year.

Among the leaders in money transfers to Armenia are Russia with $1.8 billion and the United States with $327.6 million. At the same time, Russia and the United States were the leaders in the first half of last year as well ($1.6 billion and $325.3 million, respectively).

The outflow of money transfers abroad for January-June 2025 amounted to $2.2 billion against $1.9 billion for the same period in 2024.

The UAE ($343.5 million) and Switzerland ($343.3 million) are the leaders in money transfers from Armenia abroad over the six months. In January-June 2024, the leaders were the UAE ($354.5 million) and Russia ($303 million).-0-

spot_img

POPULAR

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 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.

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.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img