Net non-commercial remittances in Armenia accelerated to 16% in April – WB

YEREVAN, June 24. /ARKA/. Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank’s “Armenia Monthly Economic Update – June 2026.”

“Net inflows continued to come from Russia (up 31.8%) and other countries (up 46.1%), while net inflows from the United States decreased by 11.2%,” the study states.

According to the Central Bank of Armenia, in April 2026, the net inflow of non-commercial cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $70.9 million, compared to $61.2 million in April 2025.

spot_img

POPULAR

Ranking of Armenia’s Largest Banks by Asset Volume for the First 9 Months of 2026

The ARKA news agency has published a ranking of Armenia’s largest banks by total assets as of September 30, 2026.

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.

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

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.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

LATEST NEWS

spot_imgspot_imgspot_img