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Top Insights

Net profits of RA banks | H1 – 2023/2024

In January-June 2024, RA banks registered AMD 172 billion net profit, which is about 1.2 times higher than last year. The highest profit was registered by Ardshinbank (AMD 50 billion). All banks made a profit, but 4 out of 18 commercial banks recorded a decrease in net profit.

16 July, 2024

3 min read

Information Technology Sector in Armenia 2023

You can learn more about the IT sector of Armenia in the report prepared by Modex advisory company.

02 April, 2024

5 min read

Top IT taxpayers 2022-2023

Note: The taxes paid by each company is calculated as the difference between the total amount paid by the company and the amounts returned to the unified account in terms of VAT and excise tax.

26 January, 2024

6 min read

Air passenger transport market of Armenia | 2022

In 2022, there were 35,154 scheduled and non-scheduled flights conducted from and to Armenia in 266 directions. In 2022, 3,697,258 passengers arrived and departed from Armenia, which is 54% more than last year. Passenger transportation carried out by Armenian airplanes amounted to 951 thousand, which is 3.1 times more than in 2021. Russia (55.2% of […]

27.03.23

3 min read