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

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

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

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 18, 2026, compared to September 17, to 363.44 drams.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

LATEST NEWS

spot_imgspot_imgspot_img