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HSBC Launches Corporate ATM Cards In Armenia

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  • HSBC Launches Corporate ATM Cards In Armenia

    HSBC LAUNCHES CORPORATE ATM CARDS IN ARMENIA

    Global Banking News
    November 2, 2010 Tuesday

    HSBC Holdings (LSE: HSBA) has announced that it has launched a new
    product in Armenia.

    The bank said that it has launched a new product designed for corporate
    clients of the bank to access their company funds. Top officials of
    a company may use the card to obtain up to AMD3m from ATMs of the
    bank. Encashment would be exempt from encashment fee for both local
    and foreign currency funds.

    HSBC Bank Armenia CEO, Astrid Clifford, said, 'This is one of our
    initiatives designed to materialize our vision of developing into
    the most business-friendly bank in Armenia. Our goal is to make
    Bank-customer relationships as productive, comfortable and safe
    as possible.'

    [Editorial queries for this story should be sent to
    [email protected] ]




    From: A. Papazian
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