2025-01-29 | 7923

Central Bank of Armenia Declares Ardshinbank OJSC in Liquidation Liquidated

The Board of the Central Bank of the Republic of Armenia issued Resolution No. 11 A to formally declare Ardshinbank OJSC in Liquidation liquidated and terminate its activities. This decision follows the approval of the bank's balance sheet by the Republic of Armenia Bankruptcy Court and a supervisory committee conclusion. The resolution mandates the immediate publication of an announcement and notification to state registration authorities, entering into force upon adoption.

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Declaring “Ardshinbank OJSC in Liquidation” Liquidated and its Activities Terminated

2025-01-29

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

BOARD RESOLUTION

January 29, 2025 ; No.

11 A

Declaring “Ardshinbank OJSC in Liquidation” Liquidated and its Activities Terminated

In view of the Republic of Armenia Bankruptcy Court’s Decision No. YCC/0060/04/08, dated January 9, 2025 on approving the balance sheet of “Ardshinbank OJSC in Liquidation”; Given the conclusion (Minutes No. 3, dated January 22, 2025) issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia on “Ardshinbank OJSC in Liquidation”; Pursuant to the requirements set forth in Article 32 (4) of the Republic of Armenia Law “On Bankruptcy of Banks, Credit Organizations, Investment Firms, Investment Fund Managers and Insurance Companies” and in Article 20 (1) (“q”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; the Board of the Central Bank of the Republic of Armenia

E n a c t s:

Declare “Ardshinbank OJSC in Liquidation” liquidated and its activities terminated.

To the Financial Supervision and Licensing Department of the Central Bank of the Republic of Armenia to publish, within three days upon adopting this resolution, an announcement on declaring “Ardshinbank OJSC Bank in Liquidation” liquidated, in a manner as prescribed by the laws of the Republic of Armenia, and at the same time to notify the authority in charge of state registration of legal entities thereof.

This resolution to enter into force upon its adoption.

Martin Galstyan

Governor,

Central Bank of the Republic of Armenia

Yerevan

.