The Largest Taxpaying Sectors in Armenia | Q1-2025
In the first quarter of 2025, 41% of the taxpayers on Armenia’s list of the 1000 largest taxpayers were involved in trade. These 405 large taxpayers contributed AMD 152 billion to the state budget, representing 27% of the total income supervised by the State Revenue Committee (SRC). In the first quarter of 2025, the mining […]
Top IT taxpayers | Q1-2024/25
In the first quarter of 2025, 76 IT companies were among the 1000 largest taxpayers, contributing a total of AMD 19.0 billion to the state budget. This marks a decrease of AMD 337.5 million compared to the contributions of IT companies among the 1,000 largest taxpayers during the same period in 2024. In January-March 2025, […]
The Largest Taxpaying Sectors in Armenia | 2024
In 2024, 39% of the taxpayers on Armenia’s list of the 1000 largest taxpayers were involved in trade. These 385 large taxpayers contributed AMD 637 billion to the state budget, representing 27% of the total revenue collected by the SRC. Other major taxpaying sectors include manufacturing and financial and insurance activities. The large taxpayers in […]
Net profits of RA banks | Q1-Q3 2023/2024
In January-September 2024, RA banks registered AMD 268 billion net profit, which is about 25% more than last year. The highest profit was registered by Ardshinbank (AMD 83 billion). All banks made a profit, but 3 out of 18 commercial banks recorded a decrease in net profit.
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.
Net profits of RA banks | 2022 – 2023
In 2023, RA banks registered AMD 230 billion net profit which is 9% less than last year. Ardshinbank registered the biggest profit with AMD 62.7 billion. All banks, except Artsakhbank and Armswissbank, operated with profit, however 6 out of 16 commercial banks recorded a decrease in net profit.
Net profits of RA banks | Q1-Q3 – 2022/2023
In January-September 2023, RA banks registered AMD 215 billion net profit, which is about 11% more than last year. The highest profit was registered by Ardshinbank (AMD 56.9 billion). All banks made a profit, but 6 out of 18 commercial banks recorded a decrease in net profit.