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—

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 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.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Travel in comfort with the Mastercard World “Travel” Cards from Unibank

Unibank offers Mastercard World "Travel" cards, designed specifically for clients who travel frequently and value convenience, reliability, and additional privileges.

LATEST NEWS

spot_imgspot_imgspot_img