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G O V E R N O R  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

D E C I S I O N

     24 September 2025  No. 1/346 A

 ON REGISTERING THE CHANGE IN THE MANAGEMENT COMPOSITION OF “ARARATBANK” OPEN JOINT-STOCK COMPANY

 Pursuant to Point “g¹” of Part 4 of Article 18 of the Law of the Republic of Armenia “On the Central Bank of the Republic of Armenia”, Part 2 of Article 37 of the Law of the Republic of Armenia “On Banks and Banking”, Sub-point 1 of Point 201 and Point 226 of Regulation 1 “On Procedures for Licensing, Registration, Granting Consent and Permission, Appraisal of the Professional Adequacy and Qualification in the Banking Activity” approved by Decision No. 145-N of the Board of the Central Bank of the Republic of Armenia dated 12 April 2005, taking into account the conclusion of the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Protocol No. 42 dated 24 September 2025), and the petitions and attached documents submitted to the Central Bank of the Republic of Armenia by “ARARATBANK” Open Joint-Stock Company on 5 September 2025 and 17 September 2025,

 I  D E C I D E: 

1. To remove from registration Hovhannes Hovhannisyan, registered in the position of Head of Internal Audit of “ARARATBANK” Open Joint-Stock Company.
2. This Decision shall enter into force from the date of its signing.

              MARTIN GALSTYAN

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