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Publications

Registering the Change to the Structure of the Managers of “Inecobank”, a Closed Joint-Stock Company 2025-07-16 17:10

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  July 16, 2025  No. 1/241 A  Registering the Change to the Structure of the Managers of “Inecobank”, a Closed Joint-Stock Company  In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 33 (2) of the Republic of Armenia Law “On Banks and Banking”; and Paragraph 226 of...

Registering the Change to the Structure of the Managers of “Fast Bank”, a Closed Joint-Stock Company 2025-07-16 17:07

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  July 16, 2025  No. 1/240 A  Registering the Change to the Structure of the Managers of “Fast Bank”, a Closed Joint-Stock Company  In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 33 (2) of the Republic of Armenia Law “On Banks and Banking”; and Paragraph 226 of...

Removing the Manager of “C-Quadrat Ampega Asset Management Armenia” LLC from Registration 2025-07-16 17:04

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION  July 16, 2025 No. 1/239 A  Removing the Manager of “C-Quadrat Ampega Asset Management Armenia” LLC from Registration   In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 61 (1)(3) of the Republic of Armenia Law “On Investment Funds”; and Paragraph 20 of Regulation 10/05...

Registering the Program Prospectus for Nominal Coupon Bonds of “New Age Construction”, a Limited Liability Company 2025-07-16 16:57

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  July 16, 2025 No. 1/238 A  Registering the Program Prospectus for Nominal Coupon Bonds of “New Age Construction”, a Limited Liability Company  Whereas on June 3, 2025 “New Age Construction”, a Limited Liability Company, submitted an application to the Central Bank of the Republic of Armenia for registration of a program prospectus for nominal, coupon bonds with a face value of...

Registering the Program Prospectus for Nominal Coupon Bonds of “Hska”, a Closed Joint-Stock Company 2025-07-16 16:51

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  July 16, 2025 No. 1/237 A  Registering the Program Prospectus for Nominal Coupon Bonds of “Hska”, a Closed Joint-Stock Company    Whereas on May 23, 2025 “Hska”, a Closed Joint-Stock Company, submitted an application to the Central Bank of the Republic of Armenia for registration of a program prospectus for nominal, coupon bonds with a face value of AMD 100,000 (one...

Temporarily Suspending the Payment of Regular Contribution Fees to the Guarantee Fund 2025-07-15 16:48

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION July 15, 2025; No. 119-N  Temporarily Suspending the Payment of Regular Contribution Fees to the Guarantee Fund Publication date` 21.07.2025   For the purpose of achieving enhanced financial stability of the MTPL System through increased savings, without compromising the effective fulfillment of the Guarantee Fund’s tasks and responsibilities; In view of the proposal submitted under Decision No. 4-L, dated...

Registering the Rules of “Velocity Growth”, a Non-Public, Contractual, Interval Investment Fund of “Velocity Capital”, a Limited Liability Company 2025-07-15 15:41

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION July 15, 2025: No. 118 A  Registering the Rules of “Velocity Growth”, a Non-Public, Contractual, Interval Investment Fund of “Velocity Capital”, a Limited Liability Company   Pursuant to Article 2 (3) and Article 20 (“ki”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 21 of the Republic of Armenia Law “On Investment...

Registering the Rules of “CCI Development”, a Non-Public, Closed-End, Contractual Investment Fund of “CCI-FRAM Management”, a Limited Liability Company 2025-07-15 15:37

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  BOARD RESOLUTION  July 15, 2025; No. 117 A  Registering the Rules of “CCI Development”, a Non-Public, Closed-End, Contractual Investment Fund of “CCI-FRAM Management”, a Limited Liability Company   Pursuant to Article 2 (3) and Article 20 (“ki”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 21 of the Republic of Armenia Law...

On Granting a New Classes Insurance Activity License to “Nairi Insurance”, an Insurance Limited Liability Company, and Modifying the Company’s Activity License for Non-Life Insurance 2025-07-15 15:32

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA July 15, 2025; No. 116 A    On Granting a New Classes Insurance Activity License to “Nairi Insurance”, an Insurance Limited Liability Company, and Modifying the Company’s Activity License for Non-Life Insurance  Pursuant to Article 20 (“jf”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 159 of the Republic of Armenia Law “On Insurance and...

Modifying the Credit Organization Activity License No. 46 Granted to “Micro Capital Armenia” Universal Credit Organization, a Closed Joint-Stock Company 2025-07-15 15:27

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION July 15, 2025; No. 115 A  Modifying the Credit Organization Activity License No. 46 Granted to “Micro Capital Armenia” Universal Credit Organization, a Closed Joint-Stock Company Pursuant to Article 2 (3) and Article 20 (“ki”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Paragraph 166 (4) and Paragraph 171 of the Central Bank Regulation 13...

Suspending the 30-Day Period of Time for the Review of the Application to Seek an Activity License to a Branch of the Exchange Office of “Nor Zovq”, a Limited Liability Company (License No. 867) 2025-07-15 15:22

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  BOARD RESOLUTION  July 15, 2025; No. 114 A  Suspending the 30-Day Period of Time for the Review of the Application to Seek an Activity License to a Branch of the Exchange Office of “Nor Zovq”, a Limited Liability Company (License No. 867)            Pursuant to Article 2 (3) and Article 20 (“jf”) of the Republic of Armenia Law “On the Central Bank of...

Removing the “Raffi” and “Ohanov” Branch Offices of “Tel-Cell” Payment and Settlement Organization, an Open Joint-Stock Company, from Recordkeeping 2025-07-15 15:19

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION  July 15, 2025; No. 113 A  Removing the “Raffi” and “Ohanov” Branch Offices of “Tel-Cell” Payment and Settlement Organization, an Open Joint-Stock Company, from Recordkeeping   In view of Article 2 (3) and Article 20 (“ki”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Article 21 (5) (“a”) of the Republic...

Approving the Obverse and Reverse Designs for the “Noah’s Ark” Gold Investment Coins of the 2026 Issuance 2025-07-15 15:07

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION July 15, 2025; No. 112 A Approving the Obverse and Reverse Designs for the “Noah’s Ark” Gold Investment Coins of the 2026 Issuance   In view of Article 2 (3) and Article 20 (1) (“e”) and (“g”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Considering the Program for the Issuance of Gold Investment Coins as approved under the...

Approving the Obverse and Reverse Designs for the “Noah’s Ark” Silver Investment Coins of the 2026 Issuance 2025-07-15 15:01

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  BOARD RESOLUTION July 15, 2025; No. 111 A  Approving the Obverse and Reverse Designs for the “Noah’s Ark” Silver Investment Coins of the 2026 Issuance    In view of Article 2 (3) and Article 20 (1) (“e”) and (“g”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and Considering the Program for the Issuance of Silver Investment Coins...

Representatives of the Central Bank of Armenia Participated in the Regional Forum of the Black Sea Trade and Development Bank 2025-07-11 15:05

On July 10, the Governor of the Central Bank of Armenia, Martin Galstyan, took part in the regional forum organized by the Black Sea Trade and Development Bank (BSTDB) in Yerevan. The Governor participated in a panel discussion titled “Supporting Resilience: International Synergies for Smaller Economies in the Black Sea Region,” during which the focus was on enhancing the resilience of small economies through expanded international...

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