Thu, 18 September
14.1 C
Yerevan
USD: 382.94 RUB: 4.61 EUR: 453.25 GEL: 141.01 GBP: 522.45

Transactions with HSBC Bank Armenia cards in 2011 total about $1 million.

YEREVAN, February 3. /ARKA/. In an exclusive interview with ARKA news agency, HSBC Bank Armenia CEO, Astrid Clifford, said the bank’s cards were used last year to make a total of $1 million worth transactions.

She said also the bank’s ATMs resumed last year servicing Visa, MasterCard and local ArCa cards. According to her, it was very important for the bank to service these types of cards and in August and September last year this service was available again.

She said in 2011 the bank issued more than 20,000 cards, including 17,800 banking cards and 2,400 credit cards. The figure represented a 38% rise from 2010, when the bank issued a total of 14,600 cards, of which 3,600 were credit cards.

JSC HSBC Bank Armenia is a member of HSBC Bank plc. It was registered in Armenia in 1995. Its shareholders are HSBC Europe BV that owns a 70% stake and Wings Establishment (30%). HSBC Bank Armenia joined NASDAQ OMX Armenia stock exchange in 2009.

At the end of 2011 its assets totaled 179 billion drams, total capital exceeded 30 billion drams, and the total credit investments reached 108 billion drams. Its profit before tax amounted to 8.3 billion drams ($1 – 387, 31 drams). -0-

spot_img

POPULAR

Freedom Broker Armenia ranks as one of the largest taxpayer in Armenia

Freedom Broker Armenia has been recognized as one of the largest taxpayers in the country, underscoring its leadership in the investment sector and commitment to sustainable business practices.

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img