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Individuals In Armenia Receive Some $1.5 Billion In Jan-Nov 2011

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  • Individuals In Armenia Receive Some $1.5 Billion In Jan-Nov 2011

    INDIVIDUALS IN ARMENIA RECEIVE SOME $1.5 BILLION IN JAN-NOV 2011

    Vestnik Kavkaza
    Jan 16 2012
    Russia

    The bank system of Armenia received $1.380 billion of transfers for
    individuals in January-November 2011. The sum exceeds figures of
    the same period in 2010 by 23.1%. Private transfers in November 2011
    totaled $142.5 million, cropping by 2.2%, compared with the previous
    month, PanARMENIAN reports.

    Armenia increased transfers abroad by 20.1%, totaling $238.4 million,
    compared with $198.5 million in January-November 2010. Private flow
    of transfers in January-November increased by 21%, reaching $1.142
    billion, compared with $943.8 million in the same period of 2010.

    The highest level of transfers came from Russia, totaling $1.028
    billion, followed by the US - $40.5 million, Kazakhstan - $16.9
    million, Ukraine - $8.2 million.



    From: Emil Lazarian | Ararat NewsPress
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