A total of U.S. $203.6m were transferred for individuals in Armenia as noncommercial remittances by means of the Armenian banking system this Jan.- March – a 10.7% increase as compared to the same period last year.

Individual transfers from Armenia effected by means of the Armenian banking system totaled U.S. $46.2m – a 14.7% increase as compared with the corresponding period last year.

The favorable balance in noncommercial transfers effected by means of the Armenian banking system totaled U.S. 157.3m this Jan.- March against U.S. $143.5m in the same period last year.

T.P.