Wed, 17 December
6.1 C
Yerevan
USD: 381.57 RUB: 4.75 EUR: 447.43 GEL: 141.61 GBP: 508.82

Armenian commercial banks account for 5% of all taxes paid by 1000 biggest tax payers

YEREVAN, October 28, /ARKA/. Twenty-one Armenian commercial banks were among 1000 biggest taxpayers in the first nine months of 2009, paying a total of 13.6 billion Drams.

According to the State Revenue Committee, 92.4% of all taxes (12.5 billion Drams) paid by commercial banks were direct taxes (income and profit taxes). Overall they accounted only for 5% of all taxes paid in January-September by the country’s 1000 biggest taxpayers.
The biggest taxpayer was Ardshininvestbank-1.98 billion Drams. It was on the 16-th position. It was followed by ACBA Agricole Bank (1.9 billion Drams, 17-th position), Bank VTB (1.8 billion, 20-th position), HSBC Bank Armenia (1.7 billion Drams, 21-st position), Unibank (1.16 billion Drams, 38-th position), Converse Bank (845.9 million Drams, 51-st position), Ameriabank (715.9 million Drams, 64-th position), Inecobank (518.6 million Drams, 80-th position) and Armbusinessbank (486.1 million Drams, 86-th position).
Overall 1000 biggest taxpayers paid 270.5 billion Drams in taxes in Jan.-September. There are 22 commercial banks in Armenia and 27 credit organizations. The head office of Artsakh bank is in Nagorno-Karabakh Republic. ($1 – 385.08 position.  -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img