Money Transfers By Anelik System To All Directions Except To Armenia

MONEY TRANSFERS BY ANELIK SYSTEM TO ALL DIRECTIONS EXCEPT TO ARMENIA DECREASING

ArmInfo
2008-12-15 15:49:00

ArmInfo. Turnover of Anelik transfer system in Armenia keeps on
growing, Bagrat Chzmachyan, Vice Chairman of Anelik Bank Board told
ArmInfo.

He said the bank intends to ensure $150 million transfers to Armenia
via Anelik money transfer system instead of $145 million as of Dec
1 2008 (including $132 million, 61 million rubles and 2 million
euro). The ratio of transfers to and from Armenia is 75%-25%. Money
transfers to and from Armenia keep on dynamically growing and even
exceeding last year’s indicators, B. Chzmachyan said.

At the same time, total turnover of Anelik to all destinations will
total about $1.7 billion till the end of 2008 instead of predicted
$2 billion.

Bagrat Chzmachyan said transfers to all destinations are decreasing
due to the economic situation in the world markets, except transfers
to Armenia.

The turnover of Anelik system totaled $1.5 billion on 1 December 2008.

Anelik international transfer system has 63000 points in 90
countries. The system transfers money in US dollars and euro, as well
as in national currencies including Armenian drams and Russian rubles.