Money transfers from Kazakhstan abroad increase

Finance Materials 6 June 2019 14:02 (UTC +04:00)

Baku, Azerbaijan, June 6

By Nargiz Sadikhova - Trend:

In the period of January-April 2019 the volume of money transfers from Kazakhstan increased by 8.6 percent and equaled 172.8 billion tenge, Trend reports via Ranking.kz.

The largest sum of the transfers accounts for transfers to Russia (65.1 percent, annual +6.4 percent).

It is followed by Uzbekistan (26.5 billion tenge, annual +36.2 percent) and Turkey (25.8 billion tenge, annual +41.2 percent).

The least amount of money was transferred to Georgia (two billion tenge).

Among money transfers systems the most popular one proved to be the KoronaPay system. Some 123.5 billion tenge (71.5 percent of the total volume) was transferred by it, which is an increase of 33 percent compared to the same period of last year.

It is followed by Western Union (22 billion tenge) and Unistream (8.2 billion tenge), the transfer volume of which decreased by 12.4 percent and 43.7 percent respectively.

(1USD = 384.94 KTZ on June 6)


Follow the author on twitter: @nargiz_sadikh