HSBC BANK ARMENIA AND SME DNC OF ARMENIA LAUNCH
TRADE ACADEMY IN ARMENIA

Yerevan, June 29, 2010

HSBC Bank Armenia and Small and Medium Entrepreneurship Development National Center of Armenia (SME DNC) will jointly launch the first phase of Trade Academy on June the 29th. The event will take place at the premises of SME DNC of Armenia (5 Mher Mkrtchyan) at 10:30 and will start with media briefing. The HSBC Trade Academies are designed to help Armenian exporters and importers of all sizes capitalize on trade opportunities.

The joint HSBC/SME DNC initiatives are aimed at providing training events and additional trade assistance for businesses looking to enhance their ability to grow their international trade business.

The Trade Academy workshops in Armenia will be conducted by Trade Finance Specialists of HSBC Bank Armenia, who will transfer their knowledge and expertise to the executives of the companies both engaged in international trade activities now, and who are looking to trade internationally in the future. HSBC Trade Academy workshops have been successful in a number of countries globally where HSBC has a presence. In Europe this includes the UK, France and Georgia.

The topics to be discussed during the first Trade Academy workshop will be:

• Trade Finance Instruments and Solutions;
• Trade Finance Risks and ways of Mitigation;
• The most effective ways of entering the international markets;
• The international trade involvement processes.

The participants of the first seminar will be the customers of SME DNC of Armenia and HSBC Bank Armenia. To register for one of the forthcoming seminars interested parties may call HSBC Bank Armenia at 515 000 or SME DNC at 541 648.

Notes to Editors:

HSBC is one the world’s leading financial and banking service groups, serving 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.

The Trade Academy initiative is used by other member Banks of HSBC Group and is entitled for facilitating import and export.
The aim of the joint initiative of SME Development National Centre of Armenia and HSBC Bank Armenia is to support the Armenian businessmen to capitalise on international trade opportunities thus enhancing the development of foreign trade of Armenia.

Being the member of HSBC Group, a leader in trade finance, HSBC Bank Armenia intends to invite trade and target market experts from HSBC Group member banks to present the 140 years of expertise in international business development to Armenian businesses in the scope of Trade Academy.

Last updated on: 20/07/2010 09:30