HSBC Bank Armenia advises its customers to be more conservative ahead of a possible new global crisis
22.11.2011
YEREVAN, November 22. /ARKA/. HSBC Bank Armenia CEO, Astrid Clifford, said today the bank advises its customers to be more conservative ahead of a possible new global crisis. Speaking to journalists after the reopening of a branch in Yerevan she said HSBC Bank Armenia adheres to this principle.
Speaking about the bank’s strategy in this context she said no major changes should be expected. According to her, the culture of the structure is conservative enough in itself, so the bank should not change its strategy, and be instead more prepared and informed of ongoing developments.
Ms. Clifford said the bank always gives his clients this advice to help them in the long term to avoid difficult situations, but at the same time the bank is active, opening new branches and expanding its loan portfolio.
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Armenian Authorities’ Economic Policy Has Shielded Country From Consequences Of Global Crisis
15.11.2011
Armenian authorities’ right economic policy has shielded the country from grave consequences of the global crisis, Gagik Melikyan, MP from the ruling Republican Party of Armenia, said on Tuesday.
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EBRD notes Armenian government efforts to impove business environment
15.11.2011
EBRD notes Armenian government efforts to impove business environment.
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A second wave of global crisis would have dramatic impact on money transfers to Armenia: expert says
09.11.2011
A second wave of global crisis would have dramatic impact on money transfers to Armenia: expert says.
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World Bank will help Armenia to improve and strengthen its capacities to confront external shocks
26.10.2011
World Bank will help Armenia to improve and strengthen its capacities to confront external shocks.
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Former Armenian prime minister unveils 10 steps for government to take to stabilize economy
25.10.2011
A former Armenian prime minister unveiled today 10, as he said, most important steps which the government must take to stabilize the economy.
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Armenian Premier Views Macroeconomic Stability Important In Struggle Against Crisis
19.10.2011
Armenian Prime Minister thinks the government, first of all, should ensure microeconomic stability.
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