According to the Central Bank of Russia (CBR), remittances experienced a growth slowdown in 2016 due to economic weakness in the major remittance-sending countries. The inflow of remittances was...
As in most African countries, remittances are an important source of growth in Kenya and are the largest source of foreign currency in the country....
Mobile remittances are a growing market. This presentation gives insight into mobile money and remittances, the role of network operators as well as the legal issues at play, with cases studies...
Azerbaijani remittances are significant and have positive impacts on the economic growth and development of the country, contributing to poverty reduction and domestic investment. However, the...
The World Bank estimates that the portion of households that receive remittances in Paraguay, Bolivia and Ecuador ranges between 3 and 5 percent. As in Mexico, remittances in Paraguay are...
Remittances play a significant role in the Armenian economy, as one third of the population live below the poverty line, making financial remittances from abroad a matter of basic survival....
According to the Banco Central de Nicaragua – BCN (Central Bank of Nicaragua), during the third quarter of 2015, remittances which flowed into Nicaragua through formal channels reached US$266.5m,...
According to the National Bank of Moldova (NBM), the central bank, the total amount of net money transfers from abroad to individuals in the country via authorised banks in 2015 amounted to US$1...
In September 2015, the Banco Central de Honduras - BCH (Central Bank of Honduras) amended the foreign exchange regulations so as to permit the payment of international family remittances in...
According to Eurostat, Slovakia had the highest proportion of inflowing personal transfers from Europe in 2014 at 95 percent, and they mainly came from the Czech Republic....
Since 2004, when Hungary joined the European Union, a significant amount of remittances have been flowing into the country, which have been further boosted by Austria and Germany lifting work...
According to the World Bank, the United States-Guatemala corridor was one of the world’s top ten remittance corridors in 2015. ...
Bosnia and Herzegovina has a relatively small economy which was affected by the global economic crisis, and remittances provide an important source of income for many households, according to the...
The Banco Central de Reserva de El Salvador – BCRS (the Central Reserve Bank of El Salvador) has issued technical regulation NRP-12/2015, which came into force on January 4, 2016, and establishes...
Remittances make up the largest current account credit for Albania. According to the Bank of Albania, the country’s central bank, the flow of remittances into Albania stood approximately 17.6...
The Dominican Republic has typically been a remittance-receiver rather than a remittance-sender country. According to the Inter-American Development Bank, in 2014 the total amount of remittances...

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