ArmInfo.

ArmInfo.

ArmInfo. In January-September 2019, the banking system of Armenia sent 42.3  billion drams in taxes to the state treasury, which is 10% higher  than a year ago. Of this amount, 94.5% or 40 billion drams were paid  on direct taxes (including profit tax, income tax), with y-o-y growth  of 15.9%.

ArmInfo.In Armenia, the number of plastic cards accelerated growth in the first half of 2019 compared to the same period in 2018 from 15.7% to 18%, reaching 2.184  million. At the same time, the annual growth in the total volume of  plastic transactions slowed down to 19.3% in the first half of 2019  from 22.9% in the first half of 2018, amounting to 1.031 trillion  drams. This is evidenced by the Central Bank of Armenia.

ArmInfo.In the h1 of 2019, the banking system of Armenia sent 29.4 billion drams or about $ 62 million tax to the state treasury, which is 6.5% higher than the  indicator a year ago. Of this amount, over 95.2% or 28 billion drams  were paid on direct taxes (incl. profit tax and income tax), with an  YOYgrowth of 16.2%.

ArmInfo.

ArmInfo.The mobile application ArCa.am has been developed, which in addition to numerous services will provide users with the opportunity to make PayX payments in many shops, restaurants, points of sale and service.

ArmInfo.

ArmInfo.  In the banking system of Armenia, the concentration of assets among the top five increased over 2013-2018 from 47.7% to 55.3%, although it decreased compared to  2017 by 0.1%.  Among the main assets are Ameriabank, Ardshinbank,  Armbusinessbank, ACBA-Credit Agricole Bank and INECOBANK.

ArmInfo. In 2018, the banking system of Armenia increased tax payments to the state  treasury by 21.2% to 48.6 billion drams ($ 100.5 million). Of this  amount, 91% or 44.2 billion drams were paid in direct taxes, with a  y-o-y growth of 23.8%.

ArmInfo. In Armenia, the mobile application PayX has been launched within the framework of the project of creating a single infrastructure for mobile payments. The  project's initiators and co-founders are experienced banker Smbat  Nasibyan and technology expert Beniamin Tadevosyan.

ArmInfo. Since September 28, sales of smartphones iPhone XS and iPhone XS Max started in the sales and service offices of Beeline.

ArmInfo. In Armenia, the share of the top 20 deposits is 37% of the average bank. Better the situation in Belarus (25%), Ukraine (23%), Russia (33%) and  Kazakhstan (35%). Worse situation in Uzbekistan (38%) and Azerbaijan  (60%).

ArmInfo.The level of non-performing loans (NPL) increased by 14% over year in the banking system of Armenia. This is evidenced by the data of the ''Financial ratings of commercial banks of Armenia'' analytical report prepared by the Agency of Rating  Marketing Information (ArmInfo) at the end of the first half of 2018.

ArmInfo.The Armenian banking system sent 27.6 billion drams to the state treasury in the first half of 2018, which is 26% higher than the figure of a year ago. Of  this amount, over 87.3% or 24.1 billion drams was paid on direct  taxes (incl. tax on profits and income tax), with an annual growth of  40.6%. The top five banks of taxpayers - Ameriabank, ACBA-Credit  Agricole Bank, INECOBANK, Ardshinbank and VTB Bank (Armenia), sent to  the state budget in the first half of 2018 a total of 15.3 billion  drams (annual growth of 34.2%), of which 14 billion drams - on direct  taxes (annual growth of 33.3%). According to the RA State Revenue  Committee, in the first hundred of the largest taxpayers of Armenia  in the first half of 2018, out of 17 operating banks, 13 as many as a  year ago fell.

ArmInfo.

ArmInfo. April 3, the dollar issue of registered coupon bonds of ARARATBANK in the amount of $ 8 million was listed and entered the main list (Abond) of the Nasdaq OMX Armenia stock exchange. As the press service of the exchange informs, the bonds are admitted to conclusion of targeted trading and repo deals.

ArmInfo. Following the results of 2017, the insurance portfolio of SJSC "Export Insurance Agency of Armenia" totaled 4.534 billion drams, while the final figure was planned at 3 billion drams (in 2016 the figure reached 2.185 billion drams, and in 2015 it was 0, 39 billion).  Armen Shahnazaryan, Executive Director of the EIAA, told a press conference on March 22 when answering the question of ArmInfo. Previously, the government of Armenia in its program of activities for 2017-2022. according to the results of 2018, it fixed expectations of growth of insured transactions to almost 4.5 billion drams.

ArmInfo. Starting from March  14, 2018 coupon bonds with total nominal value of AMD 1 billion  issued by "ACBA-CREDIT AGRICOLE BANK" CJSC will be listed on NASDAQ  OMX Armenia and included in the bonds' main Abond list.