Armenia’s commercial banks paid 119.6 billion drams in taxes in 2024

YEREVAN, January 27. /ARKA/. All 18 Armenia-based commercial banks are in the list of 1000 largest corporate taxpayers in 2024, having paid 119.6 billion drams in various taxes, the State Revenue Committee said.

It said tax authorities collected about AMD 117.9 billion, while customs authorities – AMD 1.7 billion.

Some 63.4 billion drams were collected as profit tax, 42.7 billion drams as income tax,   3.9 billion drams were collected as VAT and 9.7 billion drams as  other taxes and duties.

The top five banks in terms of taxes paid in 2024 are Ameriabank – AMD 23.5 billion (7th place in the list of 1000 largest taxpayers), Acba Bank – AMD 13.3 billion (18th place), Inecobank – AMD 11.1 billion (23rd place), Unibank – AMD 7.9 billion (32nd place) and Converse Bank – AMD 7.8 billion (33rd place).

The list of the top 100 largest taxpayers include Ardshinbank – AMD 6.7 billion (42nd place), IDBank – AMD 6.4 billion (45th place), Araratbank – AMD 6.1 billion (48th place), Evocabank – AMD 5.6 billion (51st place), VTB Bank (Armenia) – AMD 5.4 billion (54th place), Armeconombank – AMD 5.2 billion (56th place), Ardshininvestbank (former HSBC Bank Armenia ) – AMD 5 bln (63rd place), AMIO BANK – AMD 4.5 bln (68th place) and Fast Bank – AMD 4.1 bln (74th place).

ArmSwissbank paid  2.9 billion drams (108th place), Mellat Bank – 1.51 billion drams (203rd place), Artsakhbank – 1.47 billion drams (211th place) and Byblos Bank Armenia – 1.1 billion drams (291st place).

The Central Bank of Armenia paid 2.1 billion drams in all taxes.-0-.

spot_img

POPULAR

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

ACBA Bank Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter

Ardshinbank and Ameriabank accounted for 50.30% of the net growth in assets and 51.58% of the net growth in loan portfolios among Armenian banks during the third quarter of 2026, according to an operational bulletin from the ARKA news agency.

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

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, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

LATEST NEWS

spot_imgspot_imgspot_img