Registering the Changes to the Structure of the Managers of “Armeconombank”, an Open Joint-Stock Company

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

 GOVERNOR DECISION

 June 25, 2025 No. 1/218 A

 Registering the Changes to the Structure of the Managers of “Armeconombank”, an Open 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 201 (1) and Paragraph 226 of Regulation 1 “Procedures for Licensing, Registration; Granting Consent and Permission; Appraising the Professional Integrity and Qualification in the Field of Banking” as approved under the Republic of Armenia Central Bank Board Resolution No. 145-N, dated April 12, 2005;  

Considering the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 29, dated June 25, 2025); and

Having examined the letters of request, along with the required documentation and deliverables, submitted by “Armeconombank”, an Open Joint-Stock Company, to the Central Bank of the Republic of Armenia on June 13, 2025,

           We decide: 

  1. Remove Astghik Manrikyan from her registered roles as Deputy Executive Director–Deputy Chairman of the Executive Board, Member of the Executive Board of “Armeconombank” Open Joint-Stock Company.
  2. Remove Hayk Avetisyan from his registered role as Member of the Executive Board of “Armeconombank” Open Joint-Stock Company.
  3. This decision to enter into force on the day it is signed.

                              

Hovhannes Khachatryan                                            Deputy Governor,

                                                               Central Bank of the Republic of Armenia

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