{"id":27340,"date":"2011-09-19T16:41:13","date_gmt":"2011-09-19T16:41:13","guid":{"rendered":"https:\/\/armbanks.am\/2011\/09\/19\/233762\/"},"modified":"2024-12-15T12:52:58","modified_gmt":"2024-12-15T12:52:58","slug":"hsbc-bank-armenia-ceo-says-investment-climate-in-armenia-slowly-improving","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/09\/19\/27340\/","title":{"rendered":"HSBC Bank Armenia CEO Says Investment Climate In Armenia Slowly Improving"},"content":{"rendered":"<p><strong>YEREVAN, September 19. \/ ARKA \/.<\/strong> HSBC Bank Armenia CEO, Astrid Clifford, said today the investment climate in Armenia is slowly and progressively improving. Speaking at a news conference she said HSBC Bank Armenia was making progress from the first year of its inception in Armenia.<\/p>\n<p>&#8220;In particular, the return on our assets now stands at 6%, return on equity is at 22%,&#8221; she said, adding that these figures are quite high in the context of international standards.<\/p>\n<p>Clifford said the bank is working now on two major projects, one is introduction of multifunctional ATMs and the second is a debit card project. She said the bank will implement this year several investment programs and open two new branches in 2012.<\/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.<\/p>\n<p>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. ($ 1 &#8211; 375.3 drams). &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC Bank Armenia CEO, Astrid Clifford, said today the investment climate in Armenia is slowly and progressively improving.<\/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":[9214,12139,9216],"tags":[15837,12688,12997,12822,15480,12397],"class_list":{"0":"post-27340","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-armenia-analyst-inflation","11":"tag-climate","12":"tag-creditor","13":"tag-hsbc-bank-armenia-2","14":"tag-investment"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/27340","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=27340"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/27340\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=27340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=27340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=27340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}