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1mln AMD To Five Best Customers Of The HSBC Bank Armenia

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  • 1mln AMD To Five Best Customers Of The HSBC Bank Armenia

    1MLN AMD TO FIVE BEST CUSTOMERS OF THE HSBC BANK ARMENIA
    Nelly Danielyan

    "Radiolur"
    04.05.2010 14:45

    The HSBC Bank Armenia awarded its best customers, who use trade
    financing tools.

    HSBC Group Head of Trade and Supply Chain for Europe Stuart Nivison
    presented diplomas to five best customer of the bank in Yerevan today.

    The winners will also receive 1mln AMD each as a gift from the bank
    for further use of trade financing tools.

    "Despite last year's economic decline, HSBC Bank Armeni" secured 40%
    growth of the trade financing portfolio", General Director of the
    Bank Astrid Clifford stated, adding that this year the bank will make
    technological investments into trade financing at the volume of USD
    400 thousand.

    Deputy Chairman of the Central Bank (CB) of Armenia Vache Gabrielyan
    expressed hope that the bank would put a special emphasis on export
    financing, which would make its financial tools more demanded.
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