ON REGISTERING THE “BEST LIFE” BRANCH OF “UPAY” CLOSED JOINT-STOCK COMPANY
B O A R D O F T H E C E N T R A L B A N K
O F T H E R E P U B L I C O F A R M E N I A
18 November 2025, No. 199 A
ON REGISTERING THE “BEST LIFE” BRANCH OF “UPAY” CLOSED JOINT-STOCK COMPANY
Guided by Part 3 of Article 2 and Point "p" of Article 20 of the Law of the Republic of Armenia “On the Central Bank of the Republic of Armenia”;
Based on Part 3 of Article 21 of the Law of the Republic of Armenia “On Payment and Settlement Systems and Payment and Settlement Organizations” and Chapter 12 of Regulation 17/01 "On Procedures for Licensing of Payment and Settlement Organizations, Registration of Branches, Qualification, Appraisal of the Professional Adequacy and Registration of Managers" approved by Resolution No. 285-N of the Board of the Central Bank of the Republic of Armenia dated 25 October 2011,
Taking into account that “UPAY” Closed Joint-Stock Company submitted petitions and attached documents to the Central Bank of the Republic of Armenia on 14 October 2025 and 3 November 2025 regarding the registration of the “BEST LIFE” branch, the Board of the Central Bank of the Republic of Armenia hereby:
R E S O L V E S:
- To register the “BEST LIFE” branch of “UPAY” Closed Joint-Stock Company.
- This Decision shall enter into force on the date of its signing.
Governor of the
Central Bank of the Republic of Armenia Martin Galstyan
Yerevan
.