Fri, 12 December
6.1 C
Yerevan
USD: 381.77 RUB: 4.78 EUR: 447.70 GEL: 141.54 GBP: 510.66

Armenian insurance companies pay total of 2.3 billion drams in various taxes in fourth quarter last year – SRC

YEREVAN, January 30. / ARKA /. All seven insurance companies operating in Armenia appeared in the list of 1000 largest taxpayers in the fourth quarter of 2013 paying a total of 2.3 billion drams in various taxes, the State Revenue Committee (SRC) said in a statement posted on its official website.

The amount was up from 1.6 billion drams paid in 2012, the SRC said. Some 95.8 % or 2.17 billion drams of that amount were direct taxes.

This amount made only 0.34 % of the total taxes paid during the period by 1000 largest taxpayers.

The three largest insurance companies in terms of paid taxes were Rosgosstrakh –Armenia – 651.5 million drams, Ingo -Armenia -456.75 million drams and Reso – 405.3 million drams. They were followed by Armenia Insurance (233.7 million drams) , Sil Insurance (187.6 million drams ) , Nairi Insurance (178.6 million drams) and Garant Insurance (151.4 million drams).

In general, the 1000 largest taxpayers paid 665 billion drams in various taxes in the fourth quarter of 2013, up from 558.5 billion drams paid in the last quarter of 2012. ($ 1 – 409.03 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

The average exchange rate of the Armenian dram to the US dollar in November was 1.8% lower than a year ago

In November 2025, the average exchange rate of the Armenian dram to the US dollar was 382.0 drams, which is 1.8% lower than the same figure in November 2024 (389.0 drams).

LATEST NEWS

spot_imgspot_imgspot_img