{"id":27335,"date":"2011-09-19T13:53:58","date_gmt":"2011-09-19T13:53:58","guid":{"rendered":"https:\/\/armbanks.am\/2011\/09\/19\/233760\/"},"modified":"2024-12-15T12:52:57","modified_gmt":"2024-12-15T12:52:57","slug":"hsbc-bank-armenia-expects-its-consumer-loans-to-grow-by-300000-400000-a-month","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/09\/19\/27335\/","title":{"rendered":"HSBC Bank Armenia expects its consumer loans to grow by $300,000-$400,000 a month"},"content":{"rendered":"<p><strong>YEREVAN, September 19. \/ ARKA \/. <\/strong>HSBC Bank Armenia expects its consumer loans to grow by $300,000-$400,000 a month, Armen Barseghian, head of the bank\u2019s retail banking services, told a news conference today.<\/p>\n<p>He said the bank plans to provide $300,000-$400,000 loans this month and hopes that the rate will continue until the end of the year. Barseghian said the bank resumed provision of consumer loans last December.<\/p>\n<p>&#8220;We are actively working at this market and plan to expand consumer lending,&#8221; he said, adding that today the consumer loan portfolio of the bank is about $700,000.<\/p>\n<p>HSBC Bank Armenia cjsc was the first international bank to open in Armenia in 1996. The bank is a joint venture between the HSBC Group, which has 70 percent ownership, and members of overseas Armenian businesses. The bank offers a wide range of products and services to individual as well as corporate customers, including personal financial services, commercial banking and treasury and capital markets services<\/p>\n<p>According to ARKA\u2019s data, as of June 30, 2011 the bank\u2019s outstanding aggregate loan portfolio totalled 90.8 billion drams, the fifth largest in Armenia&#8217;s banking system. ($ 1 &#8211; 375.3 drams).-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC Bank Armenia expects its consumer loans to grow by $300,000-$400,000 a month.<\/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":[15837,12550,15480,459],"class_list":{"0":"post-27335","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-consumers","10":"tag-hsbc-bank-armenia-2","11":"tag-hsbc--"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/27335","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=27335"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/27335\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=27335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=27335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=27335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}