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TRADE FINANCING ACADEMY TO OPEN IN ARMENIA IN JUNE
PanARMENIAN.Net
May 4, 2010 - 15:38 AMT 10:38 GMT
HSBC Bank Armenia CEO Astrid Clifford and Director of the National
Center for Small and Medium Business Development Ishkhan Karapetyan
said Tuesday that Trade Financing Academy will be established in
Armenia.
The Academy is expected to start its activity in mid-June, with
lectures on trade financing and international trade transactions.
According to Stuart Nivison, Head of HSBC Trade and Supply Chain
Europe, in contrast to many Asian countries, in which the international
trade is active and technologies are developed, in Armenia, as a former
soviet republic, mechanisms in the field are complete yet. "Armenian
businessmen lack relevant knowledge and experience in international
trade transactions. Given 140 years of activity, HSBC Bank can be
useful in providing financial education to Armenian exporters and
importers," he stressed.
Lectures at the Academy will be given by experts of the HSBC Bank
Armenia trade financing department.
PanARMENIAN.Net
May 4, 2010 - 15:38 AMT 10:38 GMT
HSBC Bank Armenia CEO Astrid Clifford and Director of the National
Center for Small and Medium Business Development Ishkhan Karapetyan
said Tuesday that Trade Financing Academy will be established in
Armenia.
The Academy is expected to start its activity in mid-June, with
lectures on trade financing and international trade transactions.
According to Stuart Nivison, Head of HSBC Trade and Supply Chain
Europe, in contrast to many Asian countries, in which the international
trade is active and technologies are developed, in Armenia, as a former
soviet republic, mechanisms in the field are complete yet. "Armenian
businessmen lack relevant knowledge and experience in international
trade transactions. Given 140 years of activity, HSBC Bank can be
useful in providing financial education to Armenian exporters and
importers," he stressed.
Lectures at the Academy will be given by experts of the HSBC Bank
Armenia trade financing department.