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Russia, Italy, Greece are largest remittance senders in March 2018

16 Apr 2018 - 13:54:00

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Agenda.ge,16 Apr 2018 - 13:54, Tbilisi,Georgia

Russia, Italy and Greece are the largest remittance senders in March 2018, says the National Bank of Georgia (NBG).

Last month Georgia received $38.1 million in remittances from Russia, $15.5 million from Italy and $13.7 million from Greece.

Overall, the volume of money transfers from abroad to Georgia constituted $131.1 million, which is 17 percent more than the amount in March 2017.

The vast majority (90.6 percent) of all money transfers from abroad came from 13 countries.

After Russia, Italy and Greece, other countries from where money transfers are regularly sent to Georgia in March 2018 included:

  • Israel - $13 million
  • United States – $13 million
  • Turkey - $10.6 million
  • Germany - $3.5 million
  • Spain - $3.3 million
  • Ukraine - $2.3 million
  • Azerbaijan - $1.6 million
  • France - $1.5 million
  • Kazakhstan - $1.2 million
  • United Kingdom - $1.3 million
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