{"id":15927,"date":"2010-10-15T08:29:14","date_gmt":"2010-10-15T08:29:14","guid":{"rendered":"https:\/\/armbanks.am\/2010\/10\/15\/231646\/"},"modified":"2024-12-15T12:48:31","modified_gmt":"2024-12-15T12:48:31","slug":"profit-of-hsbc-bank-armenia-for-nine-months-amd-3-9-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/10\/15\/15927\/","title":{"rendered":"Profit of HSBC Bank Armenia for nine months AMD 3.9 billion"},"content":{"rendered":"

YEREVAN, October 15. \/ARKA\/. <\/strong>Profit of HSBC Bank Armenia grew by 30% over nine months of this year, compared with the same period of the previous year, to AMD 3.9 billion, HSBC Bank Armenia CEO Astrid Clifford said on Thursday.<\/p>\n

She told journalists that the bank sustained losses in 2009 because of the currency devaluation. That is why the year-on-year profit growth was 30% in Jan-Sept 2010.<\/p>\n

The bank\u2019s credit portfolio grew 32% from AMD 63 billion to AMD 83 billion.<\/p>\n

HSBC Bank Armenia, subsidiary of HSBC Bank Plc, was registered on September 25, 1995. HSBC Europe BV holds 70% of HSBC Bank Armenia shares. The remaining 30% belong to Wings Establishment.<\/p>\n

In January 2009, HSBC Bank Armenia became a member of NASDAQ OMX Armenia.<\/p>\n

According to ARKA News Agency\u2019s data, the bank\u2019s assets totaled AMD 126.7 billion and liabilities AMD 107.9 billion by late June 2010.<\/p>\n

Its total capital amounted to AMD 18.8 billion, authorized capital AMD 7.6 billion and credit portfolio AMD 70.3 billion.<\/p>\n

Liabilities to clients totaled AMD 201.9 billion and the profit for the first half of this year amounted to AMD 1.9 billion.<\/p>\n

The bank has seven branches in Armenia. ($1= AMD 361.28). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"

Profit of HSBC Bank Armenia for nine months AMD 3.9 billion\/<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15480,459,12299],"class_list":{"0":"post-15927","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-hsbc-bank-armenia-2","10":"tag-hsbc--","11":"tag-profit"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/15927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=15927"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/15927\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=15927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=15927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=15927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}