Armenia’s commercial banks paid AMD 8.6 bln in taxes in 1Q 2013

YEREVAN, April 30./ARKA/. All the 21 commercial banks of Armenia were listed amid the 1000 major taxpayers in the first quarter of 2013. They filled the budget with nearly 8.6 billion drams, according to the State Revenue Commission.

In January-March 2012, the same banks allocated nearly 6.9 billion drams to the budget.
Tax bodies collected nearly 8.5 billion drams, customs bodies- about 59.4 million. The taxes paid by the banks accounted for 5.8% of all taxes paid by 1000 organizations during the reported period.
Top five banks of the list are : ACBA CREDIT AGRICOLE BANK ( over 1 billion drams -19nth place), VTB Bank (Armenia) (over 988.3 million drams -21st place), Unibank (about 810.6 million drams-28th place), HSBC Bank Armenia (about 804 .4 million drams -29th place) and Ameriabank (about 615.7 million drams -38th place).

Top 100 banks are Ardshininvestbank (over 537.2 million drams -44th place), Areximbank-Gazprombank Group (about 522.5 million drams-46th place), Inecobank (over 480.4 million drams -47th place), Armbusinessbank (nearly 410.5 million drams-58th place), Araratbank (over 386.7 million drams-67th place), Prometey Bank (over 341.9 million drams-86th place), Converse Bank (over   338.5 million drams-91st place).

In total, the 1000 major taxpayers of Armenia allocated over 146.3 billion drams to the budget in the 1Q 2013 against 121.3 billion drams in January-March 2012. ($1 – 410.45 drams). —0-

spot_img

POPULAR

Euro continued to rise against the Armenian dram, while dollar and ruble weakened again: 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 March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

AI will be integrated into virtually all capital market processes in Armenia – expert

In Armenia, AI will be integrated into virtually all processes in one way or another, and where to begin depends on the specific objectives and current priorities of financial institutions, according to Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Armenian capital market needs not only technology, but also a mature regulatory and infrastructural environment – ​​NABIX founder

The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img