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Taxes paid by commercial banks in Armenia up 9.4 percent

YEREVAN, November 15. /ARKA/. Seventeen Armenia-based commercial banks paid a total of 42.3 billion drams in taxes for the first nine months of 2019, the Union of Banks of Armenia reported.
It said in a press release that the amount was by 3.6 billion drams (or 9.4%) more when compared to the same period last year.

The Union of Banks of Armenia said also the amount of paid direct taxes increased by 5.5 billion drams, or 15.9% to 40 billion drams.

According to the State Revenue Committee, the country’s 1000 largest corporate taxpayers paid a total of 764.6 billion drams in various taxes for the first nine months of 2019, up from 672.1 billion drams paid for the same time span in 2018 (an increase of 13.5 %). ($1 – 477.46 dram). — 0—

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

AMX wins two prestigious Global Banking & Finance Awards

The Armenian Securities Exchange (AMX) announces that it has been recognized as the “Best Stock Exchange in the South Caucasus 2025” and the “Fastest Growing Stock Exchange in the South Caucasus 2025” by the prestigious Global Banking & Finance Awards magazine.

Euro exchange rate rises 0.4 points to AMD 412.82

The average market exchange rate of the U.S. dollar to the Armenian dram on February 20, 2025, stood at 395.31 drams, down 0.41 points compared to February 19.

Euro  down by 0.15 points to AMD 412.64

The average market exchange rate of the U.S. dollar to the Armenian dram on February 21, 2025, totaled AMD 394.41, down 0.9 points compared to February 20.

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

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