In March private remittances grow by 3.4 percent from February

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03.05.2016 16:24

YEREVAN, May 2. /ARKA/. Private remittances sent to Armenia in 2016 March through banks for non-commercial purposes increased by 3.4% from the previous month to more than $52.4 million, the Central Bank of Armenia said. It also said when compared with 2015 March the remittances were down by 2.9%.

The amount of remittances from Armenia abroad in 2016 March totaled about $33.9 million, an increase of 0.7% from the previous month and a 14.7% increase from 2015 March.

The net inflow of remittances in 2016 March amounted to approximately $18.5 million, which was by 8.8% more from the previous month, but when compared to 2015 March the amount was down by 24.1%.

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Tags: Armenia, Russia, transfers

AMD 1 595.7 billion transferred in February 2016 by using non-cash instruments of Armenia’s commercial banks

15.04.2016 17:46

The Central Bank of Armenia says in a fresh issue of its monthly bulletin that AMD 1 595.7 billion was transferred in February 2016 by using non-cash instruments of Armenia’s commercial banks

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Tags: COMMERCIAL BANKS, February, transfers

In 2015 Unibank handled more than 310,000 remittances worth $193 million

03.02.2016 16:22

In 2015 the Yerevan-based Unibank handled more than 310,000 remittances worth a total of $193 million. According to a Unibank press release, money transfers without opening bank accounts are made to any country via international Unistream and Intel Express systems

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Tags: Remittances, transfers, Unibank

Armenian banks’ transfers to government budget increased 10% to AMD 41.2 billion in 2015

27.01.2016 15:42

Armenia’s all 21 banks were among the country’s 1000 biggest taxpayers in 2015, the Armenian tax agency reports on its website

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Tags: Armenia, Banks, budget, government, transfers

Economist: Armenia’s economy can no longer afford to depend on private money transfers

14.01.2016 14:53

Armenia’s economy can no longer afford to depend on private money transfers, Vardan Bostanjyan, an economist, said Wednesday at a news conference

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Private transfers from Russia to Armenia shrink 38% to $769.6 million in Jan-Oct 2015

08.12.2015 18:35

Private transfers from Russia to Armenia shrank 38% in Jan-Oct 2015, compared with the same period a year earlier, to $769.6 million, the Central Bank of Armenia reports on its official website

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Tags: Armenia, Russia, transfers

Individual transfers to Armenia shrink 32.2% to $1 billion in Jan-Oct 2015

07.12.2015 19:39

Over $1 billion was received in Armenia in Jan-Oct 2015 through banks as individual noncommercial transfers, the Central Bank of Armenia reports in a fresh issue of its monthly bulletin

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Tags: Armenia, Jan-Oct, SHRINK, transfers

Private transfers to Armenia fell by 34.9% to about $302.2 mln in January-April

01.07.2015 16:14

Private transfers to Armenia through the country’s banking system amounted to about $302.2 million in January-April 2015

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Tags: Armenia, transfers

Private remittances to Armenia slash by 35.5 % in 2015 February

31.03.2015 21:02

Private remittances sent to Armenia mainly by Armenian labor migrants via banks for non-commercial purposes slashed by 35.5 % in 2015 February when compared to 2014 February to $68.1 million

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Tags: February, transfers

Private remittances to Armenia slash by 31 percent in 2014 November- Central Bank

13.01.2015 18:57

Private remittances sent to Armenia mainly by Armenian labor migrants via banks for non-commercial purposes in 2014 November slashed by 31 percent from the year before to over $116.5 million, according to the Central Bank of Armenia

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Tags: Armenia, transfers