July 2021: money transfers to Georgia up 10.4%
From Georgia in July 2021, $26.7 million was transferred abroad compared to $22.2 million in July 2020. Photo: Nino Alavidze/Agenda.ge.
Tweet 
Share
Georgia has received $208.4 million from abroad in July 2021 which is 10.4% more than the amount received in July 2020, the National Bank of Georgia reports.
The largest remittance senders in July 2021 were Russia ($40.11 million), Italy ($33.32 million) and the United States ($25.50 million).
Image: NBG.
Overall, 94.3 per cent of all money transfers came from 20 countries.
From Georgia in July 2021, $26.7 million was transferred abroad compared to $22.2 million in July 2020.
Georgia received $201.9 million from abroad in June 2021, which is 19.3% more than the amount in June 2020, says the National Bank of Georgia. Russia ($39.08 million), Italy ($31.70 million) and the United States ($24.98 million) were the largest remittance senders in June 2021.
Georgia received $187.7 million from abroad in May 2021, which is 42.4% more than the amount in May 2020, says the National Bank of Georgia. Italy ($31.93 million), Russia ($31.75 million) and the United States ($24.15 million) were the largest remittance senders in May 2021.
Georgia received $194.1 million from abroad in April 2021, which is 145.4% more than the amount in April 2020, says the National Bank of Georgia. Russia ($33.35 million), Italy ($31.73 million) and the United States ($24.88 million) were the largest remittance senders in April 2021.
The National Bank of Georgia (NBG) has increased the refinancing rate by one percentage point to 9.50% as a result of which loans for about 125,000 borrowers will increase by one per cent, says the non-government organisation Society and Banks.
Georgia has received $204.9 million from abroad in August 2021 which is 11.2% more than the amount received in August 2020, the National Bank of Georgia reports. The largest remittance senders were Russia ($37.65 million), Italy ($33.62 million) and the United States ($24.62 million).
Georgia has received $207.3 million from abroad in November 2021, which is 22% more than the amount received in November 2020, the National Bank of Georgia reports.