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

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

Euro, dollar, and ruble drop against Armenian dram

YEREVAN, August 12. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market fell by 0.16 points on August 12, 2026, compared to August 11, to 365.91 drams.

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Unlocking the Secrets of the Financial World at ”Hayordi” Camp with Idram&IDBank

YEREVAN, August 13. /ARKA/. Bank accounts, payment cards, deposits - to explain these and several other concepts and answer the kids' most burning financial questions, Idram and IDBank this time visited ''Hayordi'' Camp.

LATEST NEWS

spot_imgspot_imgspot_img