YEREVAN, December 6. / ARKA /. The amount of HSBC Bank Armenia’s trade financing in the first ten months of this year surged by 53 percent from a year earlier to 25 billion drams, Aram Pinajyan, head of the Bank’s Commercial Department, told a news conference today. He said HSBC Bank Armenia accounts now for 36 percent of trade financing by local banks.

Pinajyan spoke about annual International Exchange conference, organized by HSBC Commercial Banking, attended also by Armenian companies for which it is a good possibility to establish new trade connections. He said they can use the services of the bank’s trade financing, including letters of credit and bank guarantees.

"The purpose of these conferences is to bring together companies advanced in their field from developed and developing countries and help them share experiences and establish business relations," he said.

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For the second consecutive year HSBC Bank Armenia CJSC was named “Bank of the Year in Armenia” for 2012 by “The Banker” in the category “Bank of the Year Awards 2012”. The award was received by HSBC Bank Armenia Board Member Mark Emmerson during the official ceremony held in London, the bank’s press service reported

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HSBC Bank Armenia cjsc newly opened “Dalma” branch located in Dalma Garden Mall shopping and entertainment complex at 3 Tsitsernakaberd Highway is now operational

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Last answer was made by:



Irina Seylanyan
Deputy Chief Executive Officer of HSBC Bank Armenia, Head of Global Banking and Markets

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HSBC Bank Armenia believes in optimistic prospects for development of corporate bonds in foreign currency

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HSBC Bank Armenia may float its bonds in the near future, Deputy Chief Executive Officer, Head of Global Banking and Markets Irina Seylanyan told ARKA Thursday

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Mr. Thies Clemenz was appointed as NASDAQ OMX Armenia Supervisory Board Member, HSBC bank Armenia said

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nly 3% of Armenia’s foreign trade is financed through bank instruments, according to Artur Petrosyan, head of trade financing department of HSBC Bank Armenia who spoke at a seminar organized by HSBC Trade Academy

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Tags: HSBC Bank Armenia, trade

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For the second year in a row Armenia participates in International Exchange event that commenced on Monday in Shanghai, organized by HSBC Commercial Banking

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HSBC Bank Armenia said its net profit in the first half of the year totaled AMD 3.5 billion, increasing by AMD 765 million or 28 % as compared to the same period of 2011

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