YEREVAN, August 2. /ARKA/. VTB Bank (Armenia) has transferred about AMD 2.024 billion to the government budget over the first half of this year and became the second biggest taxpayer among the country’s commercial banks, the press office of the bank reported on Tuesday.

According to the Armenian State Revenue Committee’s report, VTB Bank (Armenia) was the 26th largest taxpayer in Armenia in Jan-June 2016.

Armenia’s all commercial banks were among the biggest taxpayers in the first half of this year – their share in the tax revenue for the 1st H 2016 was 5.6%.

Armenia’s commercial banks sent about AMD 19.4 billion in Jan-June 2016 against the AMD 22.5 billion transferred over the same period a year before.

As a whole, 1000 largest taxpayers transferred over AMD 346.7 billion to the government budget in Jan-June 2016.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank (Armenia) has 67 branches all over Armenia’s territory - the largest branch network in the country. VTB Bank (Armenia) is reckoned among leaders for general indicators. -0---