In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

YEREVAN, April 20. /ARKA/. In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank’s Armenia Monthly Economic Update – April 2026 .

This was driven by a modest 10 percent (yoy) increase in net inflows from Russia (accounting for 57 percent of total net inflows) alongside a 9.6 percent (yoy) rise of inflows from the United States (accounting for 42 percent of total net inflows). Net inflows from other countries fell 74.5 percent (yoy), although they account for only 1.3 percent of the total.

According to the Central Bank of Armenia, in February 2026, the net inflow of non-commercial money transfers to Armenia sent through the banks, amounted to approximately $47 million, compared to $44.6 million in February 2025. -0-

spot_img

POPULAR

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

An unforgettable day instead of toys: June 1st guide from Idram&IDBank

June 1st, International Children’s Day, is approaching – a perfect occasion to remind everyone about the importance of children’s rights and their well-being.

Exchange rates of the euro and dollar against the Armenian dram have increased, the ruble has fallen – data from the Central Bank of...

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market on May 25, 2026, increased by 0.04 points compared to May 24 to 368.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img