Ardshinbank — Armenia’s No. 1 Taxpayer in Direct Taxes

ArmInfo. Ardshinbank is the largest taxpayer in Armenia in terms of direct tax payments according to the State Revenue Committee’s results for the first half of 2025. In the first half of 2025, the bank transferred 27.27 billion AMD to the state budget in direct taxes. This figure was made possible thanks to a significant increase in profit tax and income tax.

Ardshinbank is also among the top five largest taxpayers in Armenia in terms of total tax revenues. From January to June 2025, the bank transferred 27.96 billion AMD to the Armenian state budget, which is almost five times higher than the payments made by the bank during the same period in the previous reporting year.

“The results of this half-year are an absolute record for us. This is not only the result of the bank’s customer-oriented and transparent operations but also a testament to our commitment to the growth and stability of Armenia’s economy,” mentioned the bank’s Chief Financial Officer Garegin Gevorgyan.

As of June 30, 2025, Ardshinbank’s customer base totals approximately 570,000, served by more than 2,300 employees through 72 branches operating across Armenia. In addition to branch services, the bank offers all customer groups a comprehensive package of flexible and secure remote services tailored to their needs.