Armenian banks paid 21.6 billion drams in taxes for first half

YEREVAN, JULY 27. /ARKA/. The list of 1000 largest Armenian corporate taxpayers for the first half of 2017 includes all 17 commercial banks operating in the country which paid about 21.6 billion drams in taxes, up from 19.4 billion drams paid for the same period in 2016, the State Revenue Committee said. Of that amount over 21.4 billion drams were collected as taxes and about 185.7 million drams were collected by the customs officers.

About 19.3 billion drams were collected as direct taxes and 1.13 billion drams as indirect taxes. Another 1.14 Billion drams were collected as other taxes, duties and mandatory payments.
The five leading banks in terms of paid taxes were Ardshinbank – 2.7 billion drams (19th place), Ameriabank – 2.31 billion drams (22nd place), ACBA-CREDIT AGRICOLE BANK – 2.31 billion drams (23rd place), VTB Bank (Armenia) – about 2.22 billion drams (24th place) and Armbusinessbank – 1.8 billion drams (32nd place).

The list of the first hundred largest taxpayers included also Inecobank – 1.6 billion drams, Anelik Bank – 1.37 billion drams, Unibank – 1.34 billion drams, Converse Bank 1.3 billion drams, Armswissbank 1.15 billion drams, Armeconombank- 921 million, Araratbank – 906.6 million drams, Prometey Bank -834 million drams.

Overall, Armenia’s 1000 largest corporate taxpayers paid more than 378.4 billion drams in various taxes in the frist half of the year, by 9.1% or 31.7 billion drams more when compared to the first half of 2016, ($1 – 478.73 драма). –0—

spot_img

POPULAR

Chairman of Central Bank: Interest rates on loans for bona fide SMEs may decrease by 1-1.5%

The Central Bank of Armenia has initiated a program to support small and medium-sized businesses, under which interest rates on loans for companies with good credit and tax histories may be reduced by 1-1.5%, stated Central Bank Chairman Martin Galstyan.

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.

EBRD invested €3 billion in Armenia through 245 projects – Falcetti

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

LATEST NEWS

spot_imgspot_imgspot_img