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Daily Archives: Apr 16, 2021

Acba is the leading taxpayer bank in Armenia in first quarter of 2021

Banks
Acba is the leading bank in Armenia's banking sector in terms of taxes paid in the first quarter of 2021. In January, February and March, the bank paid about 1 billion 740 million drams in taxes to the state budget

VTB Bank (Armenia) establishes cooperation with Ucom telecom operator

Banks
With the focus on the needs of its customers, VTB Bank (Armenia) continues to enrich its line of retail products and develop lucrative offers with key market players

Armenia-based commercial banks paid 12.15 billion drams in taxes in Q 1, 2021

Banks
The list of Armenia's 1000 largest corporate taxpayers in the first quarter of 2021 includes all 17 Armenia-based commercial banks, which paid over 12.149 billion drams in various taxes, according to the numbers, released by the State Revenue Committee (SRC)

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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