Կենտրոնական բանկ

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

GOVERNOR DECISION

 July 9, 2025  No. 1/230 A

 Registering the Change to the Structure of the Managers of “National Mortgage Company” Refinancier Credit Organization, 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 9 of the Republic of Armenia Law “On Credit Organizations”; and Paragraph 146 and Paragraph 171 of Regulation 13 “Procedures for Licensing, Registration, Granting Consent and Permission, Appraisal of the Professional Adequacy and Qualification in the Credit Organization Activity” as approved under the Republic of Armenia Central Bank Board Resolution No. 194-N, dated July 1, 2008;

Considering the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 31, dated July 9, 2025); and

Having examined the letters of request, dated June 23, 2025 and July 3, 2025, along with the required documentation and deliverables, submitted by “National Mortgage Company” Refinancier Credit Organization, a Closed Joint-Stock Company, to the Central Bank of the Republic of Armenia,

 We decide: 

1. Remove Garegin Gevorgyan from his registered role as Member of the Board of “National Mortgage Company” Refinancier Credit Organization, a Closed Joint-Stock Company.
2. This decision to enter into force upon being registered with “National Mortgage Company” Refinancier Credit Organization CJSC or on the day following its delivery, in the prescribed manner, to an authorized representative of “National Mortgage Company” Refinancier Credit Organization CJSC.

 Martin Galstyan

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