All news related to Remittances

Remittances to Armenia in 2018 March up 7.5% to $137.1 million

03.05.2018 11:11

Remittances to Armenia in 2018 March up 7.5% to $137.1 million

YEREVAN, May 3. /ARKA/. More than $137.1 million were remitted to Armenia by individuals through banks in 2018 March for non-commercial purposes, by 7.54% more than in 2017 March, the Central Bank said.

The Central Bank said the amount of money transfers in 2018 March increased by 8.3% when compared with the previous month. It also said some $99.89 million were remitted to other countries from Armenia in 2018 March, up from $74.5 million a year before.

As a result, the net amount of remittances sent to Armenia in 2018 March was 29.7% less from the year before amounting to $37.2 million. However, compared with the previous month, the figure was up 36%.

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Individual noncommercial remittances to Armenia show 14.5% growth in 2017

01.02.2018 17:25

Individual noncommercial remittances to Armenia show 14.5% growth in 2017

Over $1 756.4 million came to Armenia through banks in 2017 as individual noncommercial remittances – 14.5% or $223.6 million more than one year before, the Central Bank of Armenia reports on its website

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Remittances to Armenia in 9 months grew by 15.5 percent

31.10.2017 15:25

Remittances to Armenia in 9 months grew by 15.5 percent

Private remittances sent to Armenia in the first 9 months of 2017 grew by 15.5% from the same time span of 2016, Central Bank chairman Artur Javadyan told journalists on Monday. He added that the growth was registered in USD equivalent

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Armenia is one of three leading countries in Europe and Central Asia in terms of remittances

25.10.2017 18:05

Armenia is one of three leading countries in Europe and Central Asia in terms of remittances

Armenia is one of the three leading countries in Europe and Central Asia in terms of remittances sent home by labor migrants, according to the World Bank’s latest Regional Economic Update Migration and Mobility in Europe and Central Asia

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Remittances to Armenia grow 17.5% in Jan-Aug 2017

12.10.2017 17:29

Remittances to Armenia grow 17.5% in Jan-Aug 2017

More than $1 billion has come to Armenia through banks over a period between January and August 2017 as individual noncommercial money transfers, the Central Bank of Armenia reports on its official website

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VTB Bank (Armenia) reports growth in remittances in 2016

09.03.2017 17:49

VTB Bank (Armenia) reports growth in remittances in 2016

VTB Bank (Armenia) reported today a growth in remittances made in 2016, saying in a press release that their amount grew by 6% from the previous year, despite a decline in the overall amount of remittances. The Russian-owned bank accounted last year for 13% of all remittances

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Remittances to Armenia in 2016 drop by 6% to $1.5 billion

09.02.2017 18:13

Remittances to Armenia in 2016 drop by 6% to $1.5 billion

Private remittances sent to Armenia via banks in 2016 dropped by 6% from the year earlier to more than $1.5 billion, according to the Central Bank of Armenia

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Armenia expects modest growth in remittances next year- minister says

31.10.2016 19:04

Armenia expects modest growth in remittances next year- minister says

Armenia expects a modest growth in the volume of remittances in 2017, the bulk of which is sent by Armenian labor migrants working in the Russian Federation, finance minister Vardan Aramyan said today during a parliamentary hearing of the next year’s draft budget

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Remittances to Armenia this year to drop by another $140 million- minister

04.10.2016 19:01

Remittances to Armenia this year to drop by another $140 million- minister

In 2016 the overall amount of remittances to Armenia will drop by another $140 million, finance minister Vardan Aramyan predicted today

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Private remittances to Armenia fell by 2.5% in four months

08.06.2016 17:49

Private remittances to Armenia fell by 2.5% in four months

Private remittances sent to Armenia in the first four months of 2016 via banks fell by 2.5% year-on-year to $377.7 million, the Central Bank of Armenia said in its monthly bulletin for April 2016

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