The turnover of the Golden Crown – Money Transfers system exceeded the total turnover of 2011 after only 9 months of 2012

The Golden Crown – Money Transfers system has summed up the results of the first nine months of the current year. The total turnover of the System has made 295 billion rubles, the increase as compared to the same period of the previous year − 71%. The number of transfers has grown by 58% and made 19 million.

“During the nine months of this year the results of twelve months of 2011 have been exceeded both in terms of turnover and of the number of transfers,” says
Ivan Sitnov, Director of the Golden Crown – Money Transfers system. “And in the fourth quarter of the current year the System will increase the turnover, and we plan that by the end of the year the turnover will exceed 400 billion rubles.”

The turnover in the III quarter of 2012 has grown by 68% as compared to the same period of the previous year and made 137 billion rubles, thus the number of transfers has increased by 45% and made 7.76 million.

75% of the sent money have been transfers from Russia to the CIS countries. The most significant growth as compared to the III quarter of 2011 has been seen within the directions RF – Byelorussia (5-times increase) and RF – Ukraine (more than a double increase).

“This year we expect market growth in terms of transfers of natural persons in the broadest transfer segment – from Russia to the CIS – approximately by 20%,” comments Ivan Sitnov, Director of the System. “Golden Crown’s growth is far ahead of the market. From July to September this year we have sent 60% more transfers from Russia than during the same period of the previous year.”

“In the segment of transfers within Russia we have almost reached the indicator of 1 million transfers per quarter,” adds Ivan Sitnov. “The internal direction has shown double growth in the III quarter of the current year as compared to the results recorded from July to September of the previous year. The average amount of intra-Russian transfers sent through bank infrastructure has visibly grown – by 75% (as compared to the III quarter of the previous year) and reached 45 thousand rubles in September, which is 11 thous. more than in July.”

As of September 30, 2012 the System infrastructure comprises over 34,000 points in the CIS and Georgia, 20,000 of which provide services for customers in Russia. As of September 30 of the previous year these indicators equaled 24,000 and 13,000 respectively.

The number of “Senders cards” has made 11.7 million as of September 30, 2012.

From July to September the service gained over 30 new partners, such as Russian banks Bank Petrocommerce OJSC, Vneshprombank OJSC, Far Eastern Bank OJSC, CB Kuban Credit LLC, JSCB Fora-Bank CJSC.