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HSBC Bank Conducts Training For Armenian Importers And Exporters

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  • HSBC Bank Conducts Training For Armenian Importers And Exporters

    HSBC BANK CONDUCTS TRAINING FOR ARMENIAN IMPORTERS AND EXPORTERS

    PanARMENIAN.Net
    20.08.2009 16:02 GMT+04:00

    /PanARMENIAN.Net/ Recent research and analysis conducted by HSBC
    Bank Armenia TSC (providing short-term loans, bank guarantees and
    other services in the sphere) 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.

    Two seminars were organized, 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 students and 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.

    Bank plans to continue organization of such trainings in future,
    at the same time providing high-quality professional consultations
    so as to attract more clients and enhance the bank's image.
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