Կենտրոնական բանկ

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA
GOVERNOR DECISION

May 6, 2026 No. 1/193 A

On Registration of Change in the Composition of the Management of “ACBA Bank” 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 188 and Paragraph 201(1) of Regulation 1 “Procedures for Licensing, Registration, Granting Consent and Permission, Appraisal of the Professional Adequacy and Qualification in the Banking” as approved by Board Resolution No. 145-N, dated April 12, 2005, of the Central Bank of the Republic of Armenia; and
Considering the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 23, dated May 6, 2026); and the letter of request, dated April 9, 2026, together with the required documents and supporting materials, which “ACBA Bank” Open Joint-Stock Company submitted to the Central Bank of the Republic of Armenia,

Decided:

1. Remove Raphael Sargsyan from his registered role as Member of the Board of “ACBA Bank” Open Joint-Stock Company.
2. This decision to take effect upon acknowledgment of its receipt by “ACBA Bank” OJSC, or on the day following its duly prescribed delivery to an authorized representative of “ACBA Bank” OJSC.

Martin Galstyan

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