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

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  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 June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Central Bank of Armenia’s updated strategy does not include gold in its reserves: Galstyan

The Central Bank of Armenia has reviewed its approach to managing international reserves and decided not to include gold in them, stated Central Bank Chairman Martin Galstyan.

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 June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

LATEST NEWS

spot_imgspot_imgspot_img