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HSBC Bank Armenia Opens Business Phone Banking Center In Yerevan

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  • HSBC Bank Armenia Opens Business Phone Banking Center In Yerevan

    HSBC BANK ARMENIA OPENS BUSINESS PHONE BANKING CENTER IN YEREVAN

    ARKA
    June 12, 2009

    YEREVAN, June 12. /ARKA/. The HSBC Bank Armenia CJSC has opened a
    business phone bankingcenter in Yerevan.

    Speaking at the presentation of the center, Tim Slater, CEO, HSBC Bank
    Armenia, said that this is the first phone bankingcenter in Armenia.

    He said that the bank's clients will from now on be able to effect
    transactions by means of the center in conformity with international
    security standards. He reported that 6,700 clients have wished to
    use the center's services.

    Mr. Slater pointed any cashless transaction can be effected by means
    of telephone banking, particularly effect money transfers, obtain
    balance information on all accounts held and get foreign exchange
    and interest rate information. He reported that clients can effect
    cashless transactions by dialing 515-000.

    Mr. Slater said that the HSBC Bank was the first to introduce business
    phone bankingin Great Britain, and Armenia is the last country the
    bank has introduced this service in.

    Mr. Slater also said that phone bankingis part of the bank's strategy,
    namely, the second stage of the program. The installation of ATMs
    was the first stage, and internet banking will be the third.

    He stressed that clients can choose business types most suitable for
    them and get in touch with the bank when necessary.

    Mr. Slater also said that telephone and internet banking services
    ar e available not only to residents of Armenia, but also Armenians
    living abroad, which can consolidate the ties between Armenia and
    the 10-milliong-strong Armenian Diaspora.

    He pointed out that projects like this are in line with the RA
    Government's policy of transforming Armenia into a regional banking
    center.

    Speaking of the plans, Mr. Slater said that the bank plans to introduce
    a package of long-term savings. With this end in view, the bank will
    pay much attention to its reliability.

    Clients trust their bank, and the bank must do its best for those
    wishing to have long-term savings, Slater said.

    The business phone bankingcenter has an 11-member staff. It will
    operate without days off - from 8:00 a.m. to 23:00 p.m. on workdays,
    and from 11:00 a.m. to 20:00 p.m. on nonwork days.

    The HSBC Bank Armenia CJSC, a subsidiary of the HSBC Bank plc. It was
    incorporated on September 25, 1995. HSBC Bank plc holds 70% of the HSBC
    Bank Armenia CJSC stock, with 30% held by Armenian investors abroad.

    The HSBC Bank Armenia CJSC has ten branches, a head office in Yerevan
    and 44 ATMs.
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