PRIVATE REMITTANCES TO ARMENIA TOTAL $83MLN IN JAN 2013

March 11, 2013 – 16:35 AMT

PanARMENIAN.Net – $83 mln was transferred to individuals through the
Armenian banking system in January 2013.

According to Armenian Central Bank’s monthly bulletin, 10,9%. increase
was recorded as compared with the same period in 2012.

Besides, the amount of remittances from Armenia totaled $20 mln in
January 2013, with the net cash inflow grossing $62 mln in January
2013.

Russia keeps the biggest share of remittances to Armenia – $4,9 mln,
followed by the U.S. – $2 mln, Kazakhstan – $1.3 mln and France –
$674 thous.