HSBC Group invests $100 in climate partnership

YEREVAN, March 26, /ARKA/. HSBC Group has invested $100 million since 2007 in fighting the effects of climate change, HSBC Bank Armenia CEO, Astrid Clifford, said today.

“In 2007 HSBC Group established climate partnership with World Wildlife Fund (WWF) and other environmental organizations dealing with effects of climate change,’ she said at a news conference, called on the eve of Earth Hour.

She said raising the peoples’ awareness of potential effects of climate change is a priority in the 21-st century,’

‘Together with our partners and thousands of our employees the goal of HSBC is fight against the threats of climate change as well as stimulate individuals, organizations and governments to take concrete actions and measures,’ she said.

Astrid Clifford said HSBC Bank Armenia joined Earth Hour in 2009 and will do so this year. She said lights will be switched off in HSBC Bank Armenia and its branches at 8. 30 pm on March 27 for one hour.

Earth Hour began in Sydney in 2007 when 2.2 million people switched off the lights in their homes, offices and businesses to make a point about electricity consumption and carbon pollution. In 2008 50 million people across the globe joined it and in 2009 over 1.4 billion people.

On March 27 street illumination will be switched off for one hour in Yerevan. The Earth Hour is sponsored by Armenian branch of WWF, nature protection ministry, Yerevan municipality, Moskva cinema, Congress hotel, and other companies and organizations.-0-

spot_img

POPULAR

Unibank and “Vanq” Charity Fund Support Wheelchair Basketball Exhibition Game in Yerevan

Paralympic gold medalists and U.S. Sports Envoys Rose Hollermann and Steve Serio visited Armenia to conduct a wheelchair basketball masterclass and an exhibition game. Unibank and the “Vanq” Charity Fund jointly sponsored the concluding event held in Yerevan, supporting an initiative that combined sport with a powerful message of determination, resilience, and overcoming barriers. 

Euro, dollar, and ruble exchange rates against the Armenian dram continue to decline: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 30, 2026, fell by 0.17 points compared to June 29, to 367.89 drams.

Unibank to Pay AMD 9.3 bln in Dividends to Shareholders

In 2025 Unibank's net profit amounted to AMD 9.8 billion.

EDB has identified three main drivers of economic growth in Armenia

The Eurasian Development Bank (EDB) has identified the services sector, construction, and industry as the main drivers of economic growth in Armenia in January–May 2026.

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.

LATEST NEWS

spot_imgspot_imgspot_img