ArmInfo. Central Bank of  Armenia has reduced the standard of compulsory reservation of the  raised funds in foreign exchange from 20% to 18% for banks and  extended the term of transferring the reserved amounts to CB to 20-30  days from the previous 2 weeks.  The Central Bank's press-office told  ArmInfo on September 26, the amendments to the Provision No.2  "Regulation of the activity of banks, basic economic standards of the  banking activity" were made on September 20 at the meeting of the  CB's Council.  

ArmInfo. Banks of Armenia continue intensive capitalization, while experts anticipate new mergers till the end of 2016. According to the data of Financial Ranking of Armenian banks prepared by ArmInfo only 7 banks out of 19 have so far met the the minimal capital requirement, which according to the CBA's decision must not be less than 30 bln drams starting from 2017.

ArmInfo. Armenian banks paid 19.4bln drams taxes to the state budget in the 1st half of 2016, which is 13.7% lower than for the same period of 2015. Direct taxes (including profits and incomes taxes) amounted more than 90% or 17.4bln drams of total with a 15% decline year-over-year. According to the State Revenue Committee, 13 of the 19 operating banks were among top 100 biggest taxpayers in Armenia in the 1st half of 2016.  Top 5 taxpayer-banks were Ameriabank, VTB Bank (Armenia), Ardshinbank, ACBA-Credit Agricole Bank and Armbusnessbank, with four of them were among top 5 taxpayer-banks a year ago too. In the 1st half of 2016, the top 5 taxpayer- banks paid 10.1bln drams to the state budget (down 16.3% y-o-y), of which 9.3bln drams were direct taxes (down 16.8% y-o-y).   

ArmInfo. On July 27, 2016 placement of additional issue of common nominal stocks (UNIB) by "UNIBANK" OJSC completed at NASDAQ OMX Armenia.  The press-service of NASDAQ OMX Armenia has told ArmInfo, that on the first day of placement, which was scheduled on 27-29 July 2016, 48 transactions were concluded, as a result of which the whole announced volume - 12,176,914 common nominal stocks were fully placed and the Bank attracted AMD 2,800,000,220. The price of a stock stood at AMD 230.   

ArmInfo. Starting from June 30, 2016, nominal coupon bonds issued by "UNIBANK" OJSC will be listed on NASDAQ OMX Armenia and included in the bonds' main Abond list,  the press-service of NASDAQ OMX Armenia informs.

ArmInfo. Starting from June 15, 2016, additional issue of common nominal stocks by "UNIBANK" OJSC will be listed on NASDAQ OMX Armenia and included in the stocks' B list, the press-service of NASDAQ OMX Armenia informs.  Listed securities comprise 22,704,347 stocks (ISIN - AMUNIBS10ER5) with nominal value of AMD 100, which will be traded under UNIB ticker symbol and will be allowed to manual and REPO trading as well.

ArmInfo.  In Q1 2016, the bankingsystem of Armenia paid 9.3 bln AMD or $19.4 mln in taxes (4% lessthan a year before). Over 88% of this amount, or 8.2 bln AMD, was paid in direct taxes (including profit tax and income tax), 6% less than a year before. According to the Armenian State Revenue Committee, in Q1 2016 the top hundred taxpayers of Armenia included 13 out of the 21 banks (13 banks in Q1 2015). The top five taxpayers among the banks are ACBA-Credit Agricole Bank, Ardshinbank, VTB Bank (Armenia), Ameriabank and HSBC Bank Armenia (the same banks were also the top five in Q1 2015). In Q1 2016, these banks paid a total of 4.5 bln AMD in taxes (down 8% versus Q1 2015), including 4 bln AMD in
direct taxes (down 7% versus Q1 2015).

ArmInfo. In Q1 2016 net profit of Armenia's banking system grew by 33% y-o-y to 3.1 bln AMD ($ 6.4 mln), but the role of profits from credits was not significant in ensuring it.  According to the Express Ranking of Armenian Banks prepared by the Agency of Rating Marketing Information (ArmInfo) this indicator grew due to mainly four banks, which demonstrated profits after registering tangible losses and ensured 2-4-fold y-o-y growth. 16 banks in total operated with profit in Q1 2016, 7 of which have worsened their financial result by 18-71%.

ArmInfo. Yerevan. Starting from February 10, 2016, common nominal stocks issued by "UNIBANK" OJSC will be listed on NASDAQ OMX Armenia and included in the stocks' B list, Nasdaq OMX Armenia reports.

ArmInfo. Most of Armenian banks have significantly corrected their financial results of 2014 in the report for 2015. Eventually, instead of the anticipated 32.8% decline of net profits in 2015, this indicator increased 12.4% to 18.3 bln drams ($37.7 mln). 

ArmInfo. Six big Armenian banks secured the Central Bank's minimum total capital requirement for 2017 - 30 bln drams - as early as in the beginning of 2016. These are Ameriabank, ACBA-Credit Agricole Bank, HSBC Bank Armenia, Ardshinbank, VTB Bank (Armenia) and INECOBANK. 

ArmInfo. Armenia's banking system paid 41.4 billion drams taxes, with a 10% year on year growth.  Profit and incomes taxes accounted for 37.2bln drams of total. The State Revenue Committee of Armenia reports that 13 out of 22 operating banks (including the non- commercial PanArmenian Bank) are among Top 100 taxpayers of Armenia for 2015 versus 11 banks in 2014.  Top five taxpayer banks are Ameriabank, VTB Bank (Armenia), Ardshinbank, HSBC Bank Armenia and Armbusinessbank.

ArmInfo.  Macroeconomic and financial stability predetermined economic growth in the mid-term. As a result it became possible to prevent further decline of purchasing power because of already small profits, Armenia's chief banker Arthur Javadyan told at the New Year reception in the Central Bank of Armenia on December 25. 

ArmInfo. On December 24, 2015, placement of the common nominal stocks (UNIB) by "UNIBANK" OJSC took place at NASDAQ OMX Armenia, the press office of NASDAQ OMX Armenia has told ArmInfo. To recall, placement of the stocks started on December 18, 2015.  

ArmInfo. The public opinion poll conducted by Gallup International Association in Armenia has demonstrated that VTB Bank (Armenia) is the most popular among the financial-credit organizations of Armenia, Aram Navasardyan, Founder and Director at MPG LLC - Exclusive Representative of Gallup International Association in Armenia, told reporters on December 18.  

ArmInfo.  VTB Bank (Armenia) team took the 2nd place in the 8th Amateur Chess Blitz Championship in the Armenian banking system, the Bank's press-office told ArmInfo.

ArmInfo.

ArmInfo. Armenia's banking sector paid 31.9 billion drams to the state budget for 9 months of 2015, which is by 6.3% more than a year ago. Profit and incomes taxes accounted for 28.9 billion drams of total. According to the State Revenue Committee of Armenia, 14 (vs.  11 for 9 months of 2014) out of 21 operating banks were listed among top 100 of taxpayers in Armenia for 9 months of 2015.  Ameriabank, Ardshinbank, VTB Bank (Armenia), HSBC Bank Armenia, and Armbusinessbank were top five of largest taxpayer-banks in Armenia. 

ArmInfo. Armenian "Unibank" is preparing for an IPO in the Armenian Stock Exchange NASDAQ OMX ARMENIA. Notice of a public issue of shares of "Unibank" was taken today in the pages of the official newspaper "Hayastani Hanrapetutyun."

In the first half of 2015 Armenian banks paid 22.558 bln AMD taxes to the state budget, which is by 6.8% more than a year ago. 20.633 bln AMD accrued to profit and income tax. According to the State Revenue Committee of Armenia, top 100 taxpayers for the first half of 2015 include 15 out of 21 operating banks (versus 11 in Q1 2014).  Top five of taxpayer - banks comprises VTB Bank (Armenia), Armbusinessbank, Ardshinbank, Ameriabank, and HSBC Bank Armenia.