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Individual noncommercial transfers to Armenia shrink 28% to about $95.9 million in April

02.06.2015 20:19

Individual noncommercial transfers to Armenia shrink 28% to about $95.9 million in April

YEREVAN, June 2. /ARKA/. Individuals in Armenia received $95.9 million from abroad via banks in April 2015 for noncommecial purposes – 28% less than in April 2014, but 14.2% more than in March 2015, the Central Bank of Armenia reports on its website.

Money transfers from Armenia totaled about $26.8 million in April 2015 against $30.3 million in the same month a year before and net inflow amounted to $69.1 million against $102.9 million respectively.
Money transfers from Russia dominate the remittances coming to Armenia from the outside. They make up 73.4% of the counrty's total remittances.

The inflow of transfers from Russia dwindled by 35% in April 2015, compared with the same month a year earlier, to about $70.4 million (18.6% month-on-month growth), and outflow from Armenia to Russia fell 10.2% over one year and 18.7% over one month to $16 million.

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Private money transfers to Armenia in two months drop by 40.4 percent

18.04.2015 15:30

Private money transfers to Armenia in two months drop by 40.4 percent

About $122.3 million were remitted to Armenian as private money transfers through the banks in the first two months of 2015, by 40.4% less from the first two months of 2014, the Central Bank said in its bulletin for February

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Areximbank-Gazprombank Group joins Armenian Converse Transfer payment and settlement system

16.12.2014 18:20

Areximbank-Gazprombank Group joins Armenian Converse Transfer payment and settlement system

The Russian-owned Areximbank-Gazprombank Group said today it has joined the Armenian Converse Transfer payment and settlement system to make international remittances without account opening

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Individual transfers inflow into Armenia dwindles 1.9% to about $1.5 billion in Jan-Oct 2014

08.12.2014 15:36

Individual transfers inflow into Armenia dwindles 1.9% to about $1.5 billion in Jan-Oct 2014

The Central Bank of Armenia says in a fresh issue of its monthly bulletin that $1484.7 million came to Armenia in Jan-Oct 2014 as individual transfers – 1.9% less than at the same period a year before

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Individual transfers to Armenia grow 4.75 to $773.2 million in Jan-June 2014

13.08.2014 20:05

Individual transfers to Armenia grow 4.75 to $773.2 million in Jan-June 2014

More than $773.2 million came to Armenia in Jan-June 2014 as individual noncommercial transfers. This amount is 4.7% more than that transferred to the country at the same period a year earlier

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Private transfers to Armenia rose to about $164.2mln in June

08.08.2014 16:01

Private transfers to Armenia rose to about $164.2mln in June

Private transfers to Armenia through the country’s banking system amounted to about $164.2 million in June, an increase of 2% compared to the same period of 2013, the Central Bank of Armenia says on its website

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Armenia’s Bank Anelik to join AVERS

04.07.2014 14:55

Armenia’s Bank Anelik to join AVERS

Bank Anelik will join AVERS international money transfer system on July 7, the bank’s press office reported

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ConverseBank launches own money transfer system

05.06.2014 11:16

ConverseBank launches own money transfer system

ConverseBank has launched own money transfer system Converse Transfer, the bank’s press office reported on Wednesday

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Private transfers to Armenia rose to about $133.3mln in April

04.06.2014 14:24

Private transfers to Armenia rose to about $133.3mln in April

Private transfers to Armenia through the country’s banking system amounted to about $133.3 million in April, an increase of 1.4% compared to the same period of 2013, The Central Bank of Armenia says on its website

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VTB Bank (Armenia) joins Tandem Transfers system

30.05.2014 18:43

VTB Bank (Armenia) joins Tandem Transfers system

VTB Bank (Armenia) said today it has joined Tandem Transfers, the first national system of remittances, which allows its customers to send and receive money transfers without opening an account both within Armenia and abroad

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