Armenian banks’ taxes for 9 months fell by 11.4% year-on-year

YEREVAN, October 31. /ARKA/. The list of Armenia’s 1000 largest corporate taxpayers for the first 9 months of 2016 includes all 19 commercial banks operating in the country, which paid a total of 28.2 billion drams in various taxes, down from 31.8 billion drams, paid for the same period of 2015, the State Revenue Committee (SRC) said.

According to the SRC, of all taxes paid by banks, more than 28.1 billion drams were collected by the tax authorities and about 67.3 million drams by the customs authorities.

Of the total amount 25.3 billion drams were collected as direct taxes (income tax, payroll tax) and 1.41 billion drams as indirect taxes (including VAT and excise taxes) and another 1.44 billion drams were collected as other taxes, duties and obligatory payments. The banks accounted for only 5.3% of the total volume of taxes collected in the reporting period.

The five leading banks were Ameriabank- 3.3 billion drams (23rd place), VTB Bank (Armenia) – 2.8 billion drams (27th place), ACBA-CREDIT AGRICOLE BANK – 2.7 billion drams (28th place), Ardshinbank -. 2.6 billion drams (29th place) and Armbusinessbank -. 2.4 billion drams (33rd place)..
The list of 100 largest taxpayers included also Inecobank – 2.3 billion drams, Unibank – 1.87 billion drams,  HSBC Bank Armenia – 1.58 billion drams, Conversebank -. 1.19 billion drams, Armeconombank – 1.17 billion drams, Anelik Bank – 1.1 billion drams, Areximbank-Gazprombank Group – 961 million drams and Araratbank -. 930.1 million drams.

Overall, Armenia’s 1000 largest corporate taxpayers paid more than 524.9 billion drams in various taxes for the first 9 months of 2016, a decrease of 1.85% or 9.5 million drams if compared to the same period of 2015,. ($1 – 475.34 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 April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

Central Bank of Armenia should be prepared to raise refinancing rate – IMF

The Central Bank of Armenia should be prepared to raise the refinancing rate as needed to return inflation to the target level amid rising inflationary pressures and heightened uncertainty, stated Alexander Timan, head of the IMF mission to Armenia.

ADB expects inflation in Armenia to accelerate to 3.8% in 2026, despite slower growth

The Asian Development Bank (ADB) expects inflation in Armenia to accelerate in 2026, despite slower growth.

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

Euro ups against dram, while the dollar and ruble fall

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 17, 2026, decreased by 0.35 points compared to April 16, to 373.81 drams.

LATEST NEWS

spot_imgspot_imgspot_img