14 commercial banks entered list of country’s 300 tax payers H1/08

14 commercial banks of Armenia entered list of country’s 300 tax payers
in first half year, 2008

2008-07-25 15:01:00

ArmInfo. Upon the results of the first half year, 2008, 14 commercial
banks of Armenia entered the list of 300 biggest tax-payers of the
country.

By the data of RA State Tax Service, Ardshininvestbank has become the
first in this list by the size of the paid taxes over the first half
year, 2008. The bank took the 19th place among the first hundred tax
payers having paid total of 1.414 bln drams, 1.355 bln drams of which
are profit tax and income tax. It is followed by ACBA-Credit Agricole
Bank: it took the 24th place among the first hundred tax payers having
paid 1.329 bln drams, 1.307 bln drams of which – profit tax and income
tax. "HSBC Bank Armenia" replenished the state budget over the first
half year by 1.196 bln drams, including 1.057 bln drams – profit tax
and income tax, so, the bank took the 27th place. This bank is followed
by Armeconombank which took the 74th place having paid 501.4 mln drams,
475.8 mln drams of which – profit tax and income tax. ‘Converse Bank’
took the 87th place having replenished the state budget by 391.7 mln
drams, 378.4 mln drams of which – profit tax and income tax.
Armbusinessbank took the 98th place, as the paid taxes in the first
half year, 2008, made up 342.6 mln drams, including 333.2 mln drams –
profit tax and income tax. ‘VTB Armenia’ Bank took the 116th place in
the list of 300 biggest tax- payers of Armenia having paid 298.3 mln
drams to the state budget, 226.1 mln drams of which fell on the profit
tax and income tax.

Unibank has occupied the 128-th place paying 278.3 mln drams to the
state budget, including 262.5 mln drams – profits tax and income tax.
INECOBANK has occupied the 146- th place in the list, having paid 249.1
mln drams to the state budget, including 233.3 mln drams – profits tax
and income tax. Bank Anelik has occupied the 193-th place having paid
178.8 mln drams, including 171 mln – profits tax and income tax.
ARARATBANK paid 138.3 mln drams to the state budget over the first
half-year of 2008, including 126.5 mln drams – profits tax and income
tax, and occupied the 246-th place in the list.
Armswissbank have occupied the 251-th place in the list, having paid
136.6 mln drams to the state budget, including 131.7 mln drams –
profits tax and income tax. Prometei bank occupied the 264 th place
having paid 130.5 drams taxes to the state budget, including 125 mln
drams – profits tax and income tax. Armenian Development Bank concludes
that list occupying the 271 st place, having paid to the state budget
125.2 mln drams taxes over the first half-year of 2008, including 108.4
mln drams – profits tax and income tax.

To note, according to the results of 2007, seven Armenian banks entered
the list of the first 100 tax payers of Armenia, including "HSBC Bank
Armenia", ACBA-Credit Agricole Bank, Ardshininvestbank, Armeconombank,
bank ‘VTB Armenia’, INECOBANK and Unibank. At present 22 commercial
banks function in Armenia.