Tue, 8 July
29.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

Armenian banks paid 60.2bln of taxes in 2022

YEREVAN, January 25. /ARKA/. Sixteen out of 18 Armenia-based commercial banks were in the list of 1000 largest corporate taxpayers in 2022 having paid a total of 60.2bln drams in various taxes, according to the State Revenue Committee.

Of that amount 59.6 billion drams were collected by tax authorities and about 516 million drams by customs bodies.

According to the State Revenue Committee, 21.1 billion drams were paid as profit taxes, over 30bln drams as personal income taxes, 2.8bln as VAT and 6.2 billion drams as other taxes and duties.

The leading bank in terms of paid taxes was Ameriabank – about 8.2bln drams (24th in the list of 1000 largest taxpayers)). It was followed by ACBA bank – 7.4bln drams (28th), Ardshinbank – 7.3bln drams (29th), Inecobank – 5.2bln drams (50th) and Armbusinessbank – 4.9bln drams (52nd).

Conversebank paid about 3.9 bln drams (73rd), VTB Bank (Armenia) – about 3.5 bln drams (80th), ArmSwissbank – about 3.73 bln drams (83rd) and Armeconombank – about 3.29 bln drams (84th). All these banks were among 100 largest taxpayers.

Unibank paid  about 2.58 bln drams (107th), IDBank – about 2.56 bln drams (109th), Araratbank – about  2.5 bln drams (112th), HSBC Bank Armenia – about 2.2 bln drams (119th) , Evocabank – about 1.5 bln drams (170th), Mellat Bank – about 807 mln drams (319th) and Byblos Bank Armenia –  803.5 mln drams (320th). The Central Bank of Armenia paid about 1.8 billion drams in taxes.

Artsakhbank (central branch), which used to be among the top 1000 taxpayers in Armenia until 2021 is not listed in the 2022 report. In 2021 Artsakhbank (central branch) paid about 232.7mln drams and was 888th by size of paid taxes.

According to the official data, in 2022 Armenia’s 1000 largest taxpayers paid 1 trillion 490 billion drams in taxes. ($1 – 396.40 drams) -0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

The net inflow of private remittances in Armenia from abroad sent through the  banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img