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

Unibank to Pay AMD 9.3 bln in Dividends to Shareholders

In 2025 Unibank's net profit amounted to AMD 9.8 billion.

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 22-28)

The week in Armenia's financial market was dominated by the debt agenda, Central Bank statements, currency dynamics, and decisions regarding non-cash payments.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 29, 2026, fell by 0.06 points compared to June 26, to 368.06 drams.

VTB (Armenia) sponsored the Armenian edition of Alexandre Dumas’s celebrated novel “The Three Musketeers”

With the financial support of VTB (Armenia), Newmag Publishing House presented a new edition of Alexandre Dumas's novel "The Three Musketeers."

LATEST NEWS

spot_imgspot_imgspot_img