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

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

International investors own 7-8% of Armenia’s dram-denominated government debt – Central Bank

Global institutional investors own approximately 7-8% of Armenia's dram-denominated government debt, stated Central Bank Chairman Martin Galstyan.

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Euro fell 4.82 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

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 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

LATEST NEWS

spot_imgspot_imgspot_img