Transfers via CONTACT system increased by 47% in the second quarter
29.08.2009 15:00 GMT+04:00

/PanARMENIAN.Net/ During the first quarter of the current year,
transfers to Armenia via CONTACT international system have increased
by 47% in comparison with the first quarter

A leading country among CIS republics was Uzbekistan (63%), followed
by Tajikistan (53%) and Moldova (41%). Kyrgyzstan, whose transfers
comprised 20%, lags behind. Average volume of transfers to CIS
countries comprised 54%, Russlabank’s press service reports.

In the first quarter of 2009, transfer rate to key directions was as
follows: 23% – to Uzbekistan, 18% – to Tajikistan, 17% – to Moldova
and 9% -to Kyrgzstan and Armenia. Average index of such growth
testifies to the stable situation of CONTACT system as one of leading
companies making transfers to CIS states.
In cooperation with participating banks, CONTACT clearance centre
currently undertakes a range of measures to essentially broaden the
network and enhance services. All that contributes to increasing
transfer volumes and system shares on post-Soviet area.