Armenian insurance companies pay about 500 million drams in taxes for quarter one

YEREVAN, April 28. /ARKA/. The list of the 1000 largest Armenian corporate taxpayers in the first quarter of 2016 includes all six insurance companies operating in the country which paid a total of 499 million drams in various taxes, up from 457.4 million drams they had paid for the first quarter of 2015, the State Revenue Committee said.

According to the data, 93% of paid taxes were direct taxes.
Rosgosstrakh Armenia paid 161.6 million drams, Ingo-Armenia -33.3 million drams, Sil Insurance -58.4 million drams, Nairi Insurance -52.2 million drams, Reso -50.8 million drams and Armenia Insurance -42.6 million drams.

Overall the 1000 largest taxpayers paid more than 156.5 billion drams in various taxes for the first quarter of 2016, an increase of 2.7% over the same figure for the first quarter of 2015.

Topping the list is Gazprom Armenia national natural gas distribution company with more than 15.6 billion. drams, up from 15.1 billion drams it had paid for the same period of 2015, a 3.2% year-on-year growth. ($ 1 – 479.38 drams).  -0-

spot_img

POPULAR

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img