Commercial banks in Armenia among 1000 largest corporate taxpayers in third quarter

YEREVAN, November 3. / ARKA /. All 21 commercial banks in Armenia were among the 1000 largest corporate taxpayers in the third quarter having paid about 29.9 billion drams in various taxes, up from 29.6 billion drams they had paid in the same time span of 2013, the State Revenue Committee (SRC) said.

According to the SRC, more than 29.7 billion drams were collected by tax authorities and about 224.7 million drams by tax authorities.

Of the total amount about 28.1 billion drams were paid as direct taxes and about 1.5 billion drams as indirect taxes (including VAT and excise tax). Also 297.3 more million drams were paid as other duties, taxes and mandatory payments. The banks accounted for 5.9% of the total amount of taxes paid in the reporting period by the 100 largest corporate taxpayers of Armenia.

The top five banks by size of paid taxes were ACBA-CREDIT AGRICOLE BANK – about 3.6 billion drams, (17th), Ameriabank – 3.36 billion drams (21st), VTB Bank (Armenia) – about 3.24 billion drams (24th place), HSBC Bank Armenia – 3.24 billion drams (25th) and Ardshiinvestbank -2.5 billion drams (35th).

The list of the top one hundred largest taxpayers included also Inecobank – about 1.97 billion drams (46th), Unibank – 1.92 billion drams (47th), Armbusinessbank – about 1.52 billion drams (63rd), Araratbank – 1.3 billion drams (70th), Armeconombank – 1.19 billion drams (75th), Conversebank – 1.11 billion drams (84th).

Overall, the 1000 largest taxpayers paid in the third quarter more than 504.2 billion drams in various taxes, up from 479.9 billion drams paid in January-September 2013 (an increase of 5%). ($ 1 – 411.26 drams).  -0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell: 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 March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: 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 March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img