Unibank pays 1.9 billion drams in taxes for 9 months of 2016

YEREVAN, November 18. /ARKA/. Unibank paid a total of 1.9 billion drams in various taxes for the first nine months of the outgoing year, taking the 45th position in the list of the 1000 largest corporate taxpayers, the bank’s press service reported today.

The Yerevan-based bank said its assets at the end of the third quarter stood at about 175 billion drams and the liabilities – at 143 billion drams. The bank’s total capital exceeded 31 billion drams, having surged by 41% from the same time span of last year. Since the beginning of the year the bank earned  622.6 million drams in profit.

Unibank is the first Armenian bank, whose shares were included in the core (A) list of NASDAQ OMX Armenia stock exchange.

Currently about 320,000 customers use Unibank’s services. To secure a convenient servicing the bank is expanding its branch network and the partner retail outlets. Today Unibank runs 46 branches, more than 50 promotional points and a representative office in Moscow, Russia.

Unibank continues also the delivery of active assistance to small and medium-sized enterprises, which make the backbone of the economy. In drafting its loan programs the bank takes into account the possibility of providing comprehensive assistance to SMEs, their needs and seasonality of their activities. More than 4,000 SMEs have chosen Unibank as a financial partner to build up their businesses and improve efficiency.

Unibank is actively cooperating with international lending institutions to increase its lending to the real sector of the economy and raise the availability of financial resources to SMEs. In particular, it is cooperating closely with the International Finance Corporation, the Black Sea Trade and Development Bank, the European Investment Bank and the German Bank KfW.

Unibank was founded in October 2001. In 2002 it introduced Unistream system. In 2015 the bank was reorganized to a open joint stock company. Some 93.5% of its shares are held by Ripatonso Holding LTD
($1 – 479.38 drams). -0-

spot_img

POPULAR

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

Capital of Armenian credit institutions increased by 9.76% in the first quarter of 2026, exceeding 458 billion drams

The total capital of Armenian credit institutions in the first quarter of 2026 amounted to 458.03 billion drams, an increase of 9.76% compared to the first quarter of 2025.

New GAMES section launched on Novosti-Armenia website

A new digital section, GAMES, has been launched on the Novosti-Armenia website.

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026”

IDBank was the strategic partner of the “Women in Leadership Forum & Awards 2026” an event that brought together successful women leaders from various industries and professional fields.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

LATEST NEWS

spot_imgspot_imgspot_img