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Daily Archives: Apr 26, 2023

Armenian commercial banks paid 20.5 billion drams in taxes in first quarter of 2023

Seventeen out of 18 Armenia-based commercial banks are in the list of the 1000 largest corporate taxpayers in the first quarter of 2023 having paid 20.5 bln drams in various taxes, according to the State Revenue Committee (SRC)

VTB (Armenia) raises rates on deposits in AMD

VTB (Armenia) said today it was raising the interest rate on "Progressive" deposits placed in Armenian drams by 1 percentage point