Armenia’s commercial banks paid 22 bln drams to budget

YEREVAN, July 29. /ARKA/. All 21 commercial banks operating in Armenia are on the top 1,000 taxpayers list, having paid a total of about 22 billion drams to the budget in the second quarter, Armenia’s State Revenues Committee reports.

Tax collection by tax authorities exceeded 21.9 billion drams and that by customs bodies was about 97.9 million drams, according to the report.

The share of banks in overall taxes of the top 1,000 taxpayers in the reporting period was 7%.

The five leading banks were Bank VTB (Armenia) with over 2.9 bln drams (14th in the list), HSBC Armenia (about 2.8bln drams, 15th), ACBA-CREDIT AGRICOLE (over 2.1 bln drams, 22nd), Ardshininvestbank (over 1.8bln drams, 23rd) and Ameriabank (about 1.8bln drams, 25th).

Among the top 100 tax payers are Unibank (about 1.7bln drams, 29th), Araratbank (about 1.2bln drams, 41st), Inecobank (over 1.1bln drams, 45th), Areximbank- Gazprombank Group (about 969.1mln drams, 56th), Armbusinessbank (about 848mln drams, 67th) and Conversebank (about 756.3mln drams, 78th).

In total, top 1,000 tax payers paid over 313.8 billion drams to the state budget in the second quarter as compared to 261.9 billion drams in the same period of 2012. ($1=410.77drams).–0–

spot_img

POPULAR

Armenian Card reported technical issues

The national payment system Armenian Card CJSC (ArCa) reported technical issues.

Aсba Bank and American platform Interactive Brokers sign agreement

Aсba Bank and Interactive Brokers, a reputable global online brokerage platform, signed an agreement making Interactive Brokers' services available in Armenia through Aсba Bank, the bank's press service reported.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

Euro and dollar depreciated against the Armenian dram, while the ruble rose slightly: 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 April 9, 2026, fell by 0.26 points compared to April 8, to 376.06 drams.

LATEST NEWS

spot_imgspot_imgspot_img