Regulatory Alerts2025-04-29 | 8431Introducing Changes to the Republic of Armenia Central Bank Board Resolution No. 347-N
The Central Bank of the Republic of Armenia issued Board Resolution No. 71-N to amend Regulation 14 regarding prudential standards for credit organizations. The resolution modifies Paragraph 5.1 to clarify refinancing fund attraction provisions and expands the scope of bonds credit organizations may issue to include non-covered, third-party guaranteed, and covered mortgage bonds. This resolution entered into force on the tenth day following its official publication on April 29, 2025.
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