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

Byblos Bank Armenia launches new exclusive campaign for Mastercard World cardholders

YEREVAN, April 6. /ARKA/. Byblos Bank Armenia has announced the launch of a special campaign exclusively for the Bank’s Mastercard World cardholders.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

LATEST NEWS

spot_imgspot_imgspot_img