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HSBC Bank Armenia Holds Trainings For Importers And Exporters

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  • HSBC Bank Armenia Holds Trainings For Importers And Exporters

    HSBC BANK ARMENIA HOLDS TRAININGS FOR IMPORTERS AND EXPORTERS

    ARKA
    Aug 19, 2009

    YEREVAN, August 20. /ARKA/. Representatives of thirty five importer
    and exporter organizations and banks as well as students attended
    trainings held by HSBC Bank Armenia.

    The press office of the bank told ARKA News Agency recent research and
    analysis conducted by HSBC Bank Armenia TSC indicated a low level of
    structured trade finance product utilization by Armenian importers and
    exporters, being about 4% of Armenia's international trade turnover
    in 2008.

    "HSBC Armenia TSC specialists saw this as a challenging opportunity
    to grow TSC portfolio by holding seminars on the advantages and
    convenience of trade finance solutions available at HSBC to the
    prospective customers through series of seminars", the press release
    says.

    Two seminars were organised, at Caucuses Research Resource and SME
    Development National Centres , with participation of 35 companies
    involved in export and import businesses, the banking industry,
    as well as postgraduates.

    HSBC Armenia TSC specialists introduced the tools and services which
    contribute to further success and growth of trading companies. Both
    Trade seminars won significant interest from the participants and
    received positive coverage on TV news.

    TSC Armenia will continue the initiative of providing trade education
    as well as tailored solutions and professional services to its
    customers, thus contributing to the growth of HS BC's reputation and
    customer base.
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