Money transfers to Armenia in Q1 grew to $406 million

19.05.2021 21:37
Money transfers to Armenia in Q1 grew to $406 million

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-

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Tags: , Новости Армении АМИ Новости-Армения

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