ArmInfo. As of April 1, 2022, over 2.7mln plastic cards were effective in Armenia, with an extremely moderate increase - 3.5% in the corresponding period of 2021 to 7.5%,  which is much lower than the 17.3% and 17.5% in 2019 and 2020  respectively.

ArmInfo.On May 4, Armeconombank started the primary placement of regular tranches of dollar and dram nominal, coupon and non-documentary bonds with issue volumes of $  5mln and 1.5bln drams.

ArmInfo.The banking system of Armenia in Q1 2022 increased tax deductions to the state treasury by 4.5% per annum - up to 12.8 billion drams ($26.3 million), against a  decrease of 3.2% a year earlier in the same period. 77.2% or 10.6  billion drams of this amount was paid in direct taxes, with a y-o-y  increase of 8.2% (against a 12.5% decline 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. 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. In summing up each year's results, the Armenia Securities Exchange (AMX) and the Central Depository of Armenia (CDA) award the most active securities market  participants, the winners in individual categories, the AMX press  service told ArmInfo.  Ameriabank has been awarded the Grand Prix as  the "Best AMX partner". The bank is winner in five other categories  as well. 

ArmInfo. The European Bank for Reconstruction and Development (EBRD) is providing a EUR 5 million financial support package to Armeconombank in Armenia to facilitate  the private sector's transition to more sustainable, low-carbon and  climate-resilient practices. 

ArmInfo. In Armenia, the total volume of plastic transactions slowed down the y-o-y growth from 32.5% in 9 months of 2020 to 21.6% in 9 months of 2021, amounting to  2.3 trillion AMD (including transactions abroad with cards of  Armenian issuing banks). This is evidenced by the data of the RA  Central Bank.

ArmInfo.Over 2.621mln plastic cards had been registered in Armenia   `s banking market by October 1, 2021, with a year-on-year increase of 5.3% against 9.1% the  previous year.

ArmInfo. ACBA Bank has completed a major public placement of shares to the amount of AMD 7.5bln, with the resulting number of share-holders exceeding 5,200  and the bank showing the leading figures, the bank's press service  told ArmInfo. The issue commenced this September, with 500,000 shares  offered and 5,639 bids recorded. 

ArmInfo.Since the announcement of the issue of shares by ACBA Bank (in September of this year) to this day, about 4000 individuals and legal entities have invested  over 4.5 billion drams, becoming shareholders. As noted in the  message of the Bank, this is the largest placement of shares held in  Armenia. A similar scale of placement is already ensured by further  listing of ACBA Bank shares on the liquid platform of the AMX/Armenia  Securities Exchange.

ArmInfo. In January - September 2021, the banking system of Armenia sent 40.9 billion drams or $ 84.5 million to the state treasury through taxes, which is 7.6%  more than a year ago.

ArmInfo.In the first half of 2021, the banking system of Armenia sent over 30 billion drams or $ 60.6 million to the state treasury through taxes, which is 19.4% more  than a year ago. Of this amount, over 85.9% or 25.8 billion drams was  paid under direct taxes (including income tax and tax on profit),  with an increase of 13.4% over the year. According to the data of the  RA State Revenue Committee, in the total volume of payments of 1000  large taxpayers in Armenia, 17 banks account for 5.1%.

ArmInfo. By April 1, 2021, there were over 2.5 million cards in the plastic market of Armenia, with a slowdown in y-o-y growth to 3.5% from 20.8% in the same period of  2020. And most of them are debit and payment cards - 50.5% and 40.2%,  respectively, and credit accounts for only 9.3%, but annual growth is  observed in debit cards (by 13%), while settlement and credit in  decline (by 4.7-4%). This is evidenced by the data of the RA Central  Bank.

ArmInfo. Banking system of Armenia in the first quarter of 2021 reduced tax deductions to the state treasury by 3.2% per annum - to 12.15 billion drams ($ 22.9  million), against an increase of 12.6% a year earlier in the same  period.

ArmInfo. One of the largest  multi-site companies in Armenia, SIL Concern, has acquired RAN OIL,  which owns a wide network of petrol stations in Armenia.  The  official representative of the company Anna Mkrtchyan said this. She  noted that the deal is at the last stage of closing, the terms of the  deal have not been announced.

ArmInfo.The banking system of Armenia in 2020 reduced tax deductions to the state treasury by 10.1% - to 49.1 billion drams ($ 93.9 million). Of this amount, 87.2%  or 42.8 billion drams were paid under direct taxes, with a y-o-y  decline of 17%.

ArmInfo.In early September, Unibank and Armeconombank will start selling their new bond tranches - it will be two dollar tranches and one dram. This is evidenced by  the corresponding emission prospectuses.

ArmInfo. In Armenia, the share of  non-cash card transactions remained at the level of 30% in the total  volume of plastic transactions by July 1, 2020. But the y-o-y growth  in the volume of non-cash card transactions slowed down from last  year's 48% to the current 38%, amounting by the results of the first  half of this year to 351 billion drams ($ 728 million). The  preservation of the share, despite the slowdown in volumes, is due to  the activity of Internet commerce, the popularization of mobile and  web applications by banks and Armenian Card, and such effective  measures to encourage non-cash transactions as CashBack. According to  the data of the Central Bank of the Republic of Armenia, five years  earlier (H1 of 2015), the share of non-cash transactions in the total  volume of plastic transactions was 12%, and by July 1, 2019 it had  reached 24%.

ArmInfo. In the H1 of 2020, the  banking system of Armenia allocated 26.7 billion drams or $ 55.4  million to the state treasury through taxes, which is 9.2% lower than  the indicator a year ago. Of this amount, over 86.5% or 23.1 billion  drams was paid under direct taxes (including income tax and tax on  profits), with a y-o-y  decline of 17.5%. According to the data of  the RA State Revenue Committee, in the total volume of payments of  1000 large taxpayers in Armenia, the share of 17 banks is 5.4%.