HSBC Armenia - Homepage
04 May 2010
HSBC Bank Armenia cjsc Trade Awards 2009 and launch of trade academy
HSBC Bank Armenia cjsc will hold its first Trade Award ceremony and announce its Best Trade Customers of 2009 today, at its Yerevan head office. It will also announce the launch of a new Trade Academy in Armenia, in cooperation with the SME Development National Centre.
Five customers will each receive Trade Award Certificates from Stuart Nivison, Head of HSBC Trade and Supply Chain Europe, and a prize of AMD one million to be used towards trade facilities. Awards will be granted in the following categories: Best Trade Customer; Best Trade Customer - Documentary Credits; Best Trade Customer - Bank Guarantees; Best Trade Customer – Collections and Best Trade Newcomer. The Trade Awards will be conducted on annual basis and may be expanded in the future.
“Across Europe and here in Armenia HSBC is focused on providing advice and support to companies that want to trade and invest internationally. These Trade Awards are an important recognition of success and we hope the winners help to inspire and motivate others,” said Stuart Nivison.
To increase trade activity and encourage businesses to look internationally for opportunities, HSBC Bank Armenia has teamed up with the SME Development National Centre and have drawn up a statement of intent to work together to support trade in Armenia. The key element of this is the delivery of Trade Academy workshops to educate and raise awareness of trade related issues, and to simplify the whole end-to-end process for customers and businesses trading internationally.
“In a country like Armenia it is vital to have a developed infrastructure for trade finance and HSBC, with its 140 years of trade expertise, is best positioned to deliver the required financial education to Armenian importers and exporters” said Aram Pinajyan, HSBC Bank Armenia Head of Commercial Banking.
“In the current economic climate it is paramount to help businesses trade beyond national boundaries and in particular to encourage and support Armenia’s export businesses,” added Arthur Petrosyan, HSBC Bank Armenia Trade and Supply Chain Manager.
Media enquiries to:
Mariam Adamyan on +374 10 51 50 88 or at mariamadamyan@hsbc.com
Notes to editors:
1. HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,364 billion at 31 December 2009, HSBC is one of the world’s largest banking and financial services organisations. HSBC is marketed worldwide as ‘the world’s local bank’.
2. HSBC Bank Armenia cjsc
HSBC Bank Armenia cjsc was the first international bank to open in Armenia in 1996. The bank 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. Thanks to the HSBC network in 88 countries and territories, the bank is uniquely positioned to provide truly international services for its customers.
HSBC Bank Armenia cjsc is one of the leading banks in the foreign exchange market. It has 8 branches and offices in Yerevan, as well as 50 ATMs located throughout the city. The Bank is continuously introducing innovative technologies and first-on-market solutions to achieve top customer service and increase the efficiency of operations. HSBC has launched telephone banking services and internet banking services in 2009, which took customer service to a new level. Our customers have now a choice of branch, ATM, telephone and internet banking. In 2010 the Bank will continue to invest in technology, implementing self service machines, debit cards and chip and pin cards in Armenia.
As a socially responsible organization HSBC Bank Armenia continually invests into sustainability projects focusing on education for underprivileged groups and environment.
Last updated on: 08/06/2010 10:00
