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Trade Financing Academy To Open In June

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  • Trade Financing Academy To Open In June

    TRADE FINANCING ACADEMY TO OPEN IN JUNE

    /ARKA/
    May 4, 2010
    YEREVAN

    A trade financing academy, a joint project of HSBC Bank Armenia and
    the National Center for Supporting Small and Medium Businesses,
    will offer the first training course to local business people in
    mid June this year, a deputy governor of Armenia's Central Bank,
    Vache Gabrielian, said today.

    "We welcome this joint initiative that on the one hand allows to track
    down the businessmen who use actively banking services and on the other
    hand, it is an educational project that will provide business people
    with knowledge and skills to use these services more efficiently,'
    he said.

    Aram Pinajian, head of HSBC Bank Armenia's trade and crediting unit,
    said HSBC Bank Armenia will help Armenian exporters and importers to
    enlarge the boundaries of their financial education.

    Ishkhan Karapetian, head of the National Center for Supporting Small
    and Medium Businesses, said the first course will be free and all
    interested people may register and attend the training courses.

    Arthur Petrosian, head of HSBC Bank Armenia's unit in charge of trade
    financing, said the training courses will be run by the bank's experts
    with a long experience of helping business people find acceptable
    solutions.

    HSBC Bank Armenia is a joint venture between the HSBC Group, which has
    70 percent ownership, and members of overseas Armenian businesses. The
    bank offers a wide range of products and services to individual as
    well as corporate customers, including personal financial services,
    commercial banking and treasury and capital markets services. HSBC
    Bank Armenia cjsc has 9 branches and offices in Yerevan, as well as
    50 ATMs located throughout the city.
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