Banking
Posted:
4 years ago
Money Transfers Rise by 7.8% - Countries with Major Contributions
According to the National Bank of Georgia (NBG), money transfers to Georgia in August 2019 made up 146.4 million USD (428.5 million GEL), up 7.8% (+10.7 million USD), compared to the same period of 2018.
94% of money transfers to Georgia are recorded for the countries, from where more than 1 million USD were transferred, including:
1.Russian Federation- $35.46 million USD;
2.Italy - 20.57 million USD
- The USA - 15.12 million USD
- Greece - 14.73 million USD
- Israel - 14.02 million USD
- Turkey - 7.92 million USD
- Spain - 4.23 million USD
- Germany - 4.22 million USD
- Ukraine - 3.83 million USD
- Poland - 3.13 million USD
- France - 2.56 million USD
- Kazakhstan - 2.56 million USD
- Kirgizstan - 2.44 million USD
- Azerbaijan - 1.88 million USD
- United Kingdom - 1.3 million USD
- Canada - 1.29 million USD
- Cyprus - 1.22 million USD
- Armenia - 1.22 million USD
In august 2019, money transfers from Georgia abroad made up 19 million USD, up 0.5% compared to the same period of 2018 (18.9 million USD).