PRIVATE MONEY TRANSFERS TO ARMENIA TOTAL $663.6MLN AT FIRST HALF OF 2007
ARKA
11 Sept 2007
YEREVAN, September 11. /ARKA/. Private money transfers to Armenia
totaled $663.6mln at the first half of 2007 after growing 37.84%,
compared with the same period a year earlier.
Central Bank of Armenia says individuals received 10.77% greater
amount in Armenian drams at the 1st half of 2007, compared with the
same period of 2006. Growth in U.S. dollars made 37.84%.
The number of transfers to Armenia grew 21.79% to 712.4thnd.
International swift transfers to individuals without opening accounts
reached 63.89% of total transfers to Armenia against 56.48% at the
same period of 2006.
The number of these transfers made 93.78% of total number of transfers
to Armenia against 88.85% at the compared period.
According to the Central Bank’s information, Unistream is the leader
among international payment systems, since the greatest amount – AMD
73bln or $204.6mln – and the greatest number – 239578 – of transfers
were operated through it at the first half of 2007.
Armenian citizens transferred the amount equal to AMD 145.1bln abroad
at the first half of 2007. This is 3.29% smaller amount than at the
same period of 2006.
In dollars, this amount grew 20.34% to $406.7mln. The number of
transfers grew 18.74% to 64.7thnd.
The Central Bank says 11.91% of total amount of the amount and 59.32%
of the total number of transfers sent from Armenia abroad at the
first half of 2007 were operated through international systems.
According to the Central Bank’s report, Armenian commercial banks
participate in SWIFT, Western Union (15 banks), Money Gram (1 bank),
Anelik (8 banks), Unistream (3 banks), "Bistraya Pochta" (6 banks),
Interexpress (2 banks), Contact (3 banks), Leader (3 banks), Migom
(6 banks), Private Money Transfer, STB Express, Faster, "Blizko"
and "Zhivie Dengi" international systems. Besides, non-banking
organizations Haypost (Armpost), Contact, Travelex, Stefi and "Depi
Tun" take part in systems operating private transfers.