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Anelik system posts 21 percent rise in first quarter remittances

18.04.2012 17:18

Anelik system posts 21 percent rise in first quarter remittances

YEREVAN, April 18. /ARKA/. Anelik bank said the amount of remittances handled by its Anelik money transfer system surged by 21 percent in the first quarter of this year from a year earlier to $200 million.

According to a press release, the amount of remittances in Russian rubles during the reporting period of time saw a 220% rise. The number of transfers through Anelik system increased over the same period of last year by 92%, reaching nearly 0.5 million.

According to Arman Shushyan, head of Anelik Bank department in charge of transactions and correspondent relationships, compared to pre-crisis 2008 the number of transfers as a whole increased by 62%.

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Short-term lending interests rise in Armenia in November

10.01.2012 20:18

Short-term lending interests rise in Armenia in November

Average interest rate on short-term loans extended by Armenian commercial banks in drams rose 0.22 percentage points in November.

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Police officers to have no pay rise next year

05.11.2009 09:20

Police officers to have no pay rise next year

Chief of Armenian Police Alik Sarkisian told ARKA that police officers will not have a pay rise next year.

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