ArmInfo. The banking system of Armenia in January- September 2017 sent 31.7 billion drams to the state treasury, which is 13.6% higher than the figure of a year ago. Of this amount, over 89.3% or 28.3 billion drams was paid for direct taxes (including income tax and income tax), with an annual growth of 12.8%. According to the RA State Revenue Committee, in the first hundred of the largest taxpayers of Armenia in the first 9 months of 2017, out of 17 operating banks, 12 (12 out of 19 of those operating in the same period in 2016) fell. Among them in the top five banks of taxpayers - Ardshinbank, ACBA-Credit Agricole Bank, VTB Bank (Armenia), Ameriabank and Armbusinessbank, which figured in the top five and a year earlier. Over the first 9 months of 2017, the top five banks sent 16.5 billion drams to the state treasury (annual growth of 18.7%), of which 15.1 billion drams - on direct taxes (annual growth of 18.9%).
The leader among the banks in the list of large taxpayers in terms of the amount of taxes paid is Ardshinbank, which took the 20th place (against the 29th year earlier), paid 3.99 billion drams, of which 3.8 billion - direct taxes (including income tax and income tax). Then follows: ACBA-Credit Agricole Bank - 24th place (against 28th year earlier) - 3.4 bln drams, of which 3.1 bln - on direct taxes, VTB Bank (Armenia) - 25th place (against 27 3.3 billion drams, of which 2.9 billion drams - direct taxes, Ameriabank - 26th place (against 23rd year earlier), sending to the state budget 3.2 billion drams, of which 3.1 billion drams - direct taxes. The first five banks, large taxpayers, is closed by Armbusinessbank, which took 36th place (against 33rd year earlier) and paid 2.7bln AMD, of which 2.3bn - on direct taxes.
In the first hundred large taxpayers also INECOBANK (40 place - 2.5 billion, out of which 2.3 billion - under direct taxes), Unibank (47th place - 2.1 billion drams, out of which 1.6 billion drams - under direct taxes), Bank Anelik (51 places - 1.92 billion, of which 1.6 billion - for direct taxes), Converse Bank (53rd place - 1.9 billion drams, of which 1.7 billion on direct taxes), Armswissbank (68th place - 1.5 billion, out of which 1.49 billion - on direct taxes), Araratbank (76 places - 1.402 billion, of which 1.2 billion - on direct taxes) and Armeconombank ( 77th place - 1.399 billion, of which 1.2 billion - on direct taxes). In close to the first hundred - on 101 positions Evocabank (it was renamed at the end of September of this year Prometey Bank) was placed, sending 1.1 billion drams to the state treasury in the reporting period, of which 934 million - in direct taxes.
In the second hundred of the largest taxpayers of Armenia, Evocabank (which was renamed at the end of September of this year Prometey Bank), ranked 101 billion - 1.1 billion drams (of which 934 million - on direct taxes), and HSBC Bank Armenia - 192 places - 535.9 million (of which 396.4 million - on direct taxes). The list of 1000 large taxpayers of Armenia also included Mellat Bank - 215th place - 465.7m (of which 441.9m. - on direct taxes), Byblos Bank Armenia - 427th place -215.6 mln drams (including 171 mln drams - under direct taxes) and Artsakhbank - 519th place - 172.5 mln (including 159.3 mln drams - - for direct taxes).
According to the Financial Rating of the Armenian Banks prepared by the IA ArmInfo, the aggregate accumulated profit of the banking system of Armenia in the first 9 months of 2017 amounted to 151.2 billion drams, having decreased by 8.1% in the annual section. In the top five in terms of accumulated profit Ameriabank is 28.4 billion drams, HSBC Bank Armenia - 25.4 billion drams, ACBA- Credit Agricole Bank - 19.4 billion drams, INECOBANK - 19.2 billion drams and Araratbank - 14.2 billion drams. The banking system completed 9 months of 2017 with a balance-sheet profit of 37.7 billion drams (an annual growth of 76.3%), which after taxes provided net profit of 29.5 billion drams with an annual growth of 69.8%. Only for the III quarter of this year. net profit of the banking system increased by 18%, amounting to 10.3 billion drams. (the calculated exchange rate of the dram to the dollar as of 30.09.17 was 478.41 drams / $ 1).
It should be noted that four participants - ProCredit Bank, BTA, Areximbank-Gazprombank Group and Armenian Development Bank, merged with the INECOBANK, Armeconombank, Ardshinbank and Araratbank respectively from 2015 to 2006 from the banking market of Armenia. In particular, ProCredit Bank and BTA - in 2015, and Areximbank-Gazprombank Group and Armenian Development Bank - in 2016. The consolidation of the banking sector in Armenia, including through a merger, was dictated by the need to implement by 2017 a new regulatory requirement for a minimum amount of total capital - 30 billion drams. As a result, since 2017, there are 17 banks in Armenia.