Important notice on AMD Base Rate change

Important notice on AMD Base Rate change



Effective from August 15, 2016

Dear Customer,

We would like to inform you that HSBC Bank Armenia CJSC (hereinafter the Bank) on 17.06.2016 reviewed and decreased the Bank Base Rate for AMD by 1% (one percentage point). As a result of review, the interest rates of the services provided by the Bank with floating rate have been changed:

  • The current floating interest rate of the existing loans in AMD has decreased by 1% (one percentage point).
  • The current interest rate of the existing cumulative deposits in AMD has decreased by 1% (one percentage point).

The information on amended interest rates and/or APR for consumer credits/ personal mortgage loans together with new repayment schedules, which have been changed as a result of Bank Base Rate amendment, will be provided additionally to respective individual customers within the deadlines as stipulated in RA legislation.

Please find enclosed respective information on Bank Base Rate, as well as information on amended interest rate and APY of existing cumulative deposits.

The amended Bank Base Rate is effective from 15 of August 2016.

In case of additional questions please call us at +374 60 655 000 or visit any of our branches.

Bank Base Rate (PDF, 57KB)
Changes to the interest rates of cumulative term deposits in AMD (PDF, 43KB)


Thank you for using our services.
HSBC Bank Armenia cjsc



Note: In case of discrepancies between the Armenian and English versions of this page, the Armenian version shall prevail.

Last updated on: 14/07/2016 15:00