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Armenian Prime Minister: Armenian Government To Continue Supporting

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  • Armenian Prime Minister: Armenian Government To Continue Supporting

    ARMENIAN PRIME MINISTER: ARMENIAN GOVERNMENT TO CONTINUE SUPPORTING 'HSBC BANK ARMENIA'

    ArmInfo
    2007-09-17 11:19:00

    Armenian government is ready to continue supporting 'HSBC Bank Armenia'
    activity so that for its part the bank promotes development of the
    economy of the republic, Armenian Prime Minister Serzh Sarkisyan said
    at the opening ceremony of the two new branches of 'HSBC Bank Armenia'
    - 'Tigran Mets' and 'Zeytun'.

    He also added that HSBC Bank is the first serious international bank
    that entered the Armenian market. Sarkisyan emphasized that 'HSBC
    Bank Armenia' contributed much in today's stability in the banking
    sector of the country.

    For his part, chairman of the Armenian Central Bank Tigran Sarkisyan
    said that opening of the new branches of 'HSBC Bank Armenia' is of
    a great significance for Armenia. 'Today there are 300 branches in
    the banking system of Armenia. Opening of every new branch of 'HSBC
    Bank Armenia' plays a significant part for the country, as this bank
    success is success of our country', - he emphasized.

    The chief executive director of 'HSBC Bank Armenia' Antony Turner added
    that in 2008 'HSBC Bank Armenia' is going to open 5 new branches,
    including in Vanadzor, Gyumri and probably in Kadzaran, leading the
    number of its branches up to 10. He said that in 2008 the bank is
    going to open additional mini-branches and to increase the number
    of bancomats by 15 new ones. In that case their number will reach
    50. 'Serious investments of HSBC group in Armenia are conditioned by
    the fact that we trust in this country, its economy, the authorities
    of the republic, its legislation and the educated and industrious
    people', - Turner emphasized.
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