Fri, 5 September
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

HSBC Bank Armenia’s mortgage loans portfolio likely to grow to $55 million

YEREVAN, June 29, /ARKA/. HSBC Bank Armenia CEO, Astrid Clifford, said today the Bank’s mortgage loans portfolio is likely to grow to  $55 million by the end of the year from $45 million at the end of May.

Speaking at a news conference she said the Bank is extending mortgage loans in USD as well as loans in Drams as part of the National Mortgage Company.

HSBC Bank Armenia 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. HSBC Bank Armenia cjsc has 9 branches and offices in Yerevan, as well as 50 ATMs located throughout the city. -0-

spot_img

POPULAR

Pashinyan discusses cooperation with Goldman Sachs President for Global Affairs

Armenian Prime Minister Nikol Pashinyan received  Friday Jared Cohen, President for Global Affairs at Goldman Sachs, one of the world's leading investment banks, the government press service reported.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img