The volume of private transfers at Areximbank-Gazrpombank Group CJSC jumped by 66% in 2013 against the year-ago period, with 140% and 31% increase reported in private transfers to and from Armenia respectively.
The growth in the number of money transfers without opening a bank account is accounted for by the bank's joining new systems of money transfers.
Russia tops the list of countries for private transfers in 2013, followed by the U.S., Arab Emirates and China. The bank is planning to increase the volume of private money transfers by 20% in 2014.
Areximbank-Gazprombank Group uses the following systems for international money transfers: MONEYGRAM, ANELIK, BISTRAYA POCHTA, UNISTREAM, AVERS, INTELEXPRESS, SIGUE MONEY TRANSFER, RIA MONEY TRANSFER, as well as instant transfers between Armenia and Russia.