Ardshininvestbank biggest taxpayer among Armenian banks in Jan-Sept

YEREVAN, October 3. /ARKA/. Ardshininvestbank was the biggest taxpayer among Armenian banks in Jan-Sept 2009, the press office of the bank reports.

The bank was placed 16th in the list of Armenia’s 300 large taxpayers.

Ardshininvestbank has transferred AMD 1.98 billion for nine months of this year.

“This is the second quarter of this year the bank is recognized the leading taxpayer in Armenian banking system. Despite the financial crisis affected the whole economy of Armenia and the banking system, Ardshininvestbank was fulfilling its tax duties honestly in an effort to help the country to implement its social programs amid the recession,” said Nerses Karamanukyan, the chairman of the bank’s board.

In these nine months, Ardshininvestbank retained its leading positions also on other indicators.

The bank was the second largest profit-gainer among Armenian banks (AMD 1.5 billion).

Ardshininvestbank was also second for its total capital (26.6 billion) and third for assets (122.8 billion) and total liabilities (AMD 96.2 billion).

The bank has 49 branches in Armenia and six in Nagorno-Karabakh Republic as well as a residence office in Paris.

Ardshininvestbank received long-term Ba2 and short-term Not Prime ratings on deposits in national currency from Moody’s ratings agency as well as long-term Ba3 and short-term Not Prime ratings for deposits in foreign currencies.

The bank also received ‘D-’ financial stability ‘BFSR’ rating.

In 2008, the bank got ISO 9001: 2000 certificate. -0–

spot_img

POPULAR

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

Unibank Sponsored the “Upside Down” Sport Climbing Festival

With the support of the Sport Climbing Federation of Armenia, the “Upside Down” sport climbing festival took place at the Ver Var bouldering gym, with Unibank acting as the sponsor of the event.

Investment portfolio of Armenian credit institutions in the first quarter of 2026 exceeded 100.6 billion drams

The total investment portfolio of Armenian credit institutions in the first quarter of 2026 amounted to 100.6 billion drams, according to the consolidated financial report of the country's credit institutions.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

LATEST NEWS

spot_imgspot_imgspot_img