Tue, 15 July
28.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

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—

spot_img

POPULAR

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Euro falls by 1.14 drams against Armenian dram, as US dollar rises slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 11, 2025, increased by 0.17 points compared to July 10 and amounted to 383.91 drams.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

Euro rises by 0.94 drams against Armenian dram

The average market exchange rate of the US dollar against the Armenian dram as of July 10, 2025, dropped by 0.08 points compared to July 9 and amounted to 383.74 drams.

LATEST NEWS

spot_imgspot_imgspot_img