Tuesday, July 27 2021 11:28
Karina Melikyan

Ameriabank is the leading taxpayer among Armenian banks in the first  half of 2021

Ameriabank is the leading taxpayer among Armenian banks in the first  half of 2021

ArmInfo. Ameriabank is the leading taxpayer among Armenian banks in the first half of 2021. As noted in the message of the bank, this is evidenced by the data of the State  Revenue Committee of the Republic of Armenia.

The bank transferred to the state budget for the first half of 2021  through taxes a total amount of 5.74 billion drams, which is 83.5%  more than in the same period last year. In particular, the bank  transferred 3.7 billion drams to the state treasury under the income  tax line, also with a significant annual growth.  On the list of 1000  largest taxpayers in Armenia, Ameriabank moved up to 12th place from  19th year earlier.

According to the Express Ranking of Banks of Armenia as of June 30,  2021, prepared by ArmInfo IC, Ameriabank summed up the first half of  2021 with a balance sheet profit of 11.7 billion drams ($ 23.6  million), with a 2.1-fold y-o-y growth. Excluding tax transfers, the  bank's net profit for the first half of the year amounted to 9.5  billion drams ($ 19.1 million), with a twofold y-o-y growth. The  bank's accumulated profit is also leading - 64.7 billion drams ($  130.5 million) as of June 30, 2021, with an annual growth of 27.4%.  The bank's assets amounted to 1.034 trillion drams ($ 2.1 billion),  total capital - 119.3 billion drams ($ 240.6 million), loans and  other loans - 681 billion drams ($ 1.4 billion), total liabilities -  914.7 billion drams ($ 1.8 billion). The bank maintains leadership in  terms of key balance sheet indicators.  To note, Ameriabank is a  dynamically developing bank, which is one of the most stable and  largest financial institutions in Armenia with a clearly formulated  digital agenda. Ameriabank CJSC is a universal bank providing  corporate, investment and retail banking services in a comprehensive  package. According to the latest results, Ameriabank is the largest  bank in Armenia, with assets exceeding AMD 1 trillion.