Armenian commercial banks pay 4.4 billion drams of taxes in Q1

YEREVAN, April 28, /ARKA/. The list of 1000 largest companies, compiled by the State Revenue Committee, included 21 commercial banks which paid in January-March a total of 4.4 billion Drams of taxes.  Some 91.2% of this amount, about 4 billion Drams, were direct taxes. Overall the banks accounted for 4.5% of all taxes collected in the first quarter from the largest 1000 taxpayers.

The list of commercial banks was topped by Credit Agricole Bank that paid 747.1 million Drams of taxes, it was followed by Armbusinessbank-540.7 million Drams, Ameriabank-474.4 million, Ardshininvestbank-458.3 million Drams, HSBC Bank Armenia- 403.2 million Drams, Bank VTB Armenia- 361.7 million Drams. Overall the 1000 largest companies paid 97.5 billion Drams of taxes in Q1. ($1 – 388.81 Drams).  -0-

rating Bank Taxes paid (thousand, AMD)
Jan.-March, 2010 Jan.-March, 2009
16 ACBA Credit Agricole 747,126.9 400,299.9
25 Armbusinessbank 540 736,5 111,194.3
30 Ameriabank 472 437,4 105,421.2
31 Ardshininvestbank 458 321,4 338,411.7
36 HSBC Bank Armenia 403 209,7 459,213.4
48 Bank VTB Armenia 361 719,9 464,725.9
85 Converse bank 189 569,7 139,069.6
96 Unibank 176 600,6 431,292.2
130 Areximbank 138 438,2 97,808.1
134 Armswissbank 133 427,9 —–
141 Inecobank 126 244,9 172,644.4
147 Armeconombank 118 367,5 57,550.7
191 Bank Anelik 90 104,1 78,079.5
219 ProCredit Bank 78 784,0 72,131.2
220 Ararat bank 78 594,7 59,871.9
226 Armenian Development Bank 76 691,9 72,159.8
232 Cascade Bank 74 658,6 20,198.7
308 Bank Prometey 52 885,0 34,327.9
342 Byblos Bank Armenia 48 328,1 17,975.1
481 Bank Mellat 34 178,9 101,600.7
686 BTA Bank 22 713,6 51,338.7
Total 4 423,138.9
spot_img

POPULAR

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Armenian dram exchange rate fell by 4.25 points, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 8, 2026, fell by 0.01 points compared to June 5, to 368.53 drams.

Collapse of the US currency market could negatively impact Armenia – Central Bank

A collapse of the US currency market could negatively impact the Armenian market, stated Martin Galstyan, Governor of the Central Bank of Armenia.

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img