The significant volume of remittances was generated in the banking sector through the system of emirates transfers, it is reported. According to estimates, the total amount of remittances increased compared to previous periods.
Bank representatives stated that the increase in the volume of remittances is related to the growth of international financial operations. Moreover, there is an observed increase in internal remittances between different banks and financial institutions.
"We see a stable growth in the use of the emirates transfer system both within the country and at the international level. This indicates trust in the effective and reliable operation of the system," noted a representative of the banking community.
Experts point out that the trend of increasing remittance volume reflects the stability and development of the financial sector of the Emirates. It is expected that this trend will continue in the future, contributing to further strengthening the positions of the financial market in the country.
