Armenia’s commercial banks pour amd 20.8 bln into state budget in Jan-Sep

YEREVAN, November 6. /ARKA/. All the commercial banks in Armenia, 21, were listed among the republic’s 1000 major taxpayers over the past three quarters 2012, according to the State Revenue Committee.

The banks are said to pour nearly 20.8 billion drams into the state budget.

Within January-September 2011, the 21 banks of Armenia allocated nearly 17.9 billion drams in taxes.

Armenia’s State Revenue Committee says tax authorities collected over 20.6 billion drams, whereas, the customs – nearly 171.8 million drams from the banks.

The taxes collected from the banks made up 5.3% of the total tax volume levied from the 1000 taxpayers.

Top five banks taxpayers are ACBA-CREDIT AGRICOLE BANK ( over 3.02 billion drams-20th place), HSBC Bank Armenia ( nearly 2.25 billion drams- 27th place), Ameriabank (about 2.16 billion drams-30th place), VTB Bank (Armenia) ( over 1.71 billion drams-40th place), and Armbusinessbank ( nearly 1.42 billion drams-48th place).

Top 100 banks taxpayers are Ardshininvestbank (over 1.24 billion drams- 53rd place), Unibank (nearly 1.11 billion drams-60th place), Araratbank (over 1.09 billion drams-63rd place), Inecobank (over 997.5 million drams- 67th place), Mellat Bank (nearly 888.8 million drams-77th place), Areximbank-Gazprombank Group (nearly 869.5 million drams-79th place), Armeconombank (about 669.3 million drams-98th place), Converse bank (around 666.6 million drams-100th place).

In general, the 1000 major taxpayers injected over 394.9 billion drams in January-September 2012 versus 352.8 billion drams in the analogical period a year earlier. ($1 – 406.57 drams).—0-

spot_img

POPULAR

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

VTB (Armenia) Develops Telemarketing as a Modern Remote Service Channel

VTB (Armenia) is developing its telemarketing strategy, taking remote banking to a new level.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

LATEST NEWS

spot_imgspot_imgspot_img