REUTERS
The United States, Israel, Russia, Italy, and Poland account for the lion's share of money transfers to Ukraine.
Money transfers to Ukraine via money remittance systems in the first half of 2018 (H1) were estimated at US$1.209 billion, which was nine times up on the amount transferred from Ukraine ($140 million).
Read alsoMoney transfers to Ukraine from labor migrants grow 30%, to US$4.5 bln in Jan-May
Money transfer transactions inside Ukraine were estimated at UAH 69.4 billion, or $2.596 billion, the National Bank of Ukraine (NBU) said on its website.
The largest share of transfers to Ukraine came from the United States (15%), while Israel accounted for 13%, Russia for 10%, Italy for 8%, and Poland for 7%. At the same time, Russia accounted for 38% of remittances from Ukraine, whereas the share of Georgia was 9%, that of China was 6%, Azerbaijan 5%, and Uzbekistan 4%.
A total of 35 money remittance systems operated in Ukraine in H1 2018, of which 28 were created by residents, while seven are foreign ones, it said.
As UNIAN reported earlier, private money transfers to Ukraine in 2017 were estimated at $9.3 billion, which was 24% up from 2016.
The National Bank says Ukraine may receive $11.6 billion in remittances from labor migrants this year.