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Top 10 universal credit organizations in Armenia

As of the end of 2024, AREGAK UCO is the largest credit organization in Armenia by credit portfolio among credit organizations not affiliated with commercial banks or public entities. AREGAK UCO holds a credit portfolio of AMD 30 billion, followed by FINCA UCO with AMD 22 billion and Global Credit UCO with AMD 19 billion. […]

06 March, 2025

3 min read

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 […]

14 February, 2025

3 min read

Top IT taxpayers | 2023-2024

In 2024, 80 IT companies were among the 1,000 largest taxpayers, contributing a total of AMD 84.4 billion to the state budget. This marks an increase of AMD 452 million compared to the contributions of IT companies among the 1,000 largest taxpayers in 2023. The IT companies included in the list of 1000 largest taxpayers […]

29 January, 2025

5 min read

CMTPLI market, 2021

In 2021, theCMTPLI market size in Armenia was about AMD 21.1 billion. The market leader was Rosgosstrakh Armenia with a 30.8% market share, followed by Nairi Insurance with a 22.6% share. In 2021, the share of insurance companies’ current compensations in the revenue structure was on average 79.0%, and in the case of Ingo Armenia […]

22.06.22

2 min read

Health Insurance Market, 2021

In 2021, the size of the health insurance market of the RA was about AMD 12.6 billion. The market leader was Ingo Armenia with a 30.8% market share, followed by Rosgosstrakh Armenia (26.7% share). In 2021, the share of insurance companies’ current compensations in the revenue structure was on average 71.3%, and in the case […]

20.06.22

2 min read