Armenian banks managed to significantly increase net profit in 2021 Tuesday, January 25 2022
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 ArmInfo. Armenian banks managed to improve the dynamics of net profit in 2021 with a 54% growth (from a 22.3% decline in 2020). In absolute terms, the total profit of the system amounted to 87.3 billion drams or $181.8 million. |
ArmInfo. Last year, Armenia's insurance sector paid taxes totaling AMD 2.6bln - up by a 36.8% as compared with 2020. Direct taxes totaled AMD 2.2bln or 87.7% of the total amount.
ArmInfo. (trademark VivaCell-MTS) has become the leader among telecom operators in the list of the largest taxpayers in Armenia, having risen to 8th place from 10th a year earlier.
ArmInfo. The banking system of Armenia for 2021 increased tax deductions to the state treasury by 6.3% - up to 52.2 billion drams ($108.8 million). Of this amount, 87.2% or 44.7 billion drams was paid in direct taxes, with a y-o-y growth of 4.4%.
ArmInfo.According to the data of January-December, 2021, Ameriabank is the largest taxpayer among Armenian banks. It paid taxes to the state budget for the total amount of AMD 8.9 bln (as of December 31, 2021).
ArmInfo.Moody's Investors Service ("Moody's") has today assigned Ba3 foreign and local-currency insurance financial strength ratings (IFSRs) to Export Insurance Agency of Armenia ICJSC (EIA).
ArmInfo. In Armenia, the number of vehicles with CMTPL policy is gradually recovering its growth rates, allowing the increase in fees to gain momentum. Thus, according to the Bureau of Motor Insurers of Armenia, their number increased by 9.6% per annum in 2021, with an exit from the 12.4% decline in 2020, but so far is much inferior to the pre-Covid ascending 18.5% in 2019.
ArmInfo.A Memorandum of Understanding between Armenian Nuclear Power Plant CJSC and Rusatom Overseas JSC, a subsidiary of Rosatom State Corporation, will be signed in Dubai.
ArmInfo. Armenian President Armen Satrkissian, who is on a working visit to the United Arab Emirates, held a meeting Abu Dhabi with Mr Mohamed Jameel Al Ramahi, Chief Executive Officer of Abu Dhabi Future Energy Company (Masdar), the RA presidential press office reports.
ArmInfo. At the end of December 2021, a Memorandum of Cooperation was signed between the National Depository of Ukraine (NDU) and the Central Depository of Armenia (CDA), in particular, the Memorandum provides for cooperation on the issues of the new application of Armenian Depository - CDA Online, as well as electronic voting.
ArmInfo.The RA Public Service Regulatory Commission approved on January 19 the sale of the 100% shares of Filor Ventures Limited, the only stockholder of Rostelecom Armenia, (GNC-Alfa, daughter company of Rostelecom), to Molitro Holdings Limited (Cyprus) founded by RA citizen Arman Hunanyan and the Electric Networks of Armenia CJSC.
ArmInfo. Land purchase-and-sale deals are traditional real estate business leaders in Armenia's regions.
ArmInfo. Last November, a 9.2% year-on-year rise in real estate prices was recorded in Yerevan - up to AMD 351,100 per sq. meter, with a 1.9% price rise in one month.
 ArmInfo. By November 1, 2021, the Armenian banks' client based reached 2,336,263 - 121,947 (3.8%) clients more than the previous year.  ArmInfo. In Armenia in January-November 2021, 33,587 children were born, which is 0.7% higher than a year ago, and in a two-year context, the growth was 1.9%. According to the RA Statistical Committee, the birth rate per 1000 inhabitants at the end of the reporting period amounted to 12.4 ppm, against 12.3 ppm in 2020 and 12.2 ppm in 2019. |
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