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Armenia’s commercial banks paid 25.8bln drams to budget in 2012

YEREVAN, January 31. /ARKA/. All Armenian commercial banks (21banks) appeared in the list of the country’s top 1,000 taxpayers, the State Revenue Committee reported.

The banks’ contributions to the budget totaled about 25.8bln drams over the year, as compared to a total of 21.5bln drams in January-December 2011, according to the report.

The taxes collected by the tax authorities alone amounted to over 25.6bln and about 218.8mln drams were collected by the customs.

The share of the banks in the overall tax payments of the 1,000 biggest taxpayers over the period constituted 4.6%.

AKBA-CREDIT AGRICOLE BANK is the biggest tax-payer bank with over 3.6bln drams (21st in the top 1,000 list), followed by HSBC Bank Armenia (about 2.7bln drams, 33rd in the list), Ameriabank (about 2.6bln drams, 35th), Bank VTB (Armenia) (over 2.3bln drams, 42nd) and Armbusinessbank (about 1.7bln drams, 51st).

The following banks are among 100 biggest taxpayers – Ardshininvestbank (over 1.6bln drams, 58th), Unibank (about 1.4bln drams, 62nd), Araratbank (over 1.3bln drams, 66th), Inecobank (over 1.2bln drams, 77th), Areximbank-Gazprombank Group (about 1.1bln drams, 89th) and Bank Mellat (about 1bln drams, 92nd).

In total, the 1,000 biggest tax payers paid over 558.5bln drams to the country’s budget in four quarters of 2012, as compared to 483.5bln drams in January-December 2011. ($1=407.32drams).–0—

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