BAKU/18.09.13/TURAN : Turnover of money transfers in the banking system of Azerbaijan made in January -July 2013 the equivalent of 1,167.8 million ($ 1,489 million). Compared with the corresponding period last year is more on the 227.8 million or 25%. The volume of revenue is 2.5 times higher than the sum of shipments, which in turn increased by 3.7 % compared to the same period last year.
In July, turnover transfers made AZN 238.8 million, an increase compared with July last year by 53.8%.
According to the Central Bank of Azerbaijan, the average amount being sent increased from AZN 582.3 in January to AZN 944.4 in July and received - from 574.8 to 660.9 manat. The number of sent remittances increased from 66 000 to 81 000, and those received - from 156,300 to 245,500.
The total number of recorded remittances in the period was equal to 1,929.6 thousand, including those received - 1,385.2 thousand. - 15B -
Economics
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