YEREVAN, April 4. / ARKA /. HSBC Bank Armenia cjsc was named the “Best Bank in Armenia” for the third year and HSBC was the “Regional Winner’ in a Global Finance survey which listed “The World’s Best Emerging Market Banks in Asia 2011,” HSBC Bank Armenia said today in a press release.
It said criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
With input from industry analysts, corporate executives and banking consultants, Global Finance editors selected the best emerging market bank in 20 countries, and the overall winner for the region. The survey results will be published in the May 2011 issue of Global Finance magazine.
Astrid Clifford, Chief Executive Officer HSBC Bank Armenia cjsc said, “We are well positioned in the market and committed to Armenia and to improving services for our customers, and are glad that this is being recognised by well known organisations such as Global Finance Magazine. We are particularly pleased to receive this award in 2011 as it marks our 15th anniversary in Armenia.”
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 87 countries and territories, the bank is uniquely positioned to provide truly international services to its customers. HSBC Bank Armenia cjsc is one of the leading banks in the market. It has 8 branches and offices in Yerevan, as well as more than 50 ATMs covering the city. The Bank’s customers can enjoy a choice of branch, ATM, telephone and internet banking services
As a socially responsible organization HSBC Bank Armenia continually invests into sustainability projects focusing on education for underprivileged groups and environment. -0-
