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

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

LATEST NEWS

spot_imgspot_imgspot_img