Non-commercial remittances to Armenia grew 42.3% in July – WB

YEREVAN, September 30. /ARKA/. In July, net non-commercial money transfers continued strong growth, at 42.3 percent (yoy), according to the World Bank’s “Armenia Monthly Economic Update – September 2025.”

“This was driven by a 68.9 percent (yoy) increase in net inflows from Russia, representing 65 percent of total net inflows, and a 16.4 percent (yoy) rise in net inflows from the United States,” the study notes.

According to the Central Bank of Armenia, in July of this year, the net inflow of non-commercial cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $72.6 million, compared to $51 million in July of last year.-0-

spot_img

POPULAR

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

Central Bank of Armenia Proposes Information Security Requirements for Crypto-Service Providers

The Central Bank of Armenia (CBA) has submitted a draft regulatory act for public discussion that establishes minimum information security requirements for entities providing services related to crypto-assets.

ACBA Bank Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

LATEST NEWS

spot_imgspot_imgspot_img