HSBC BANK ARMENIA TO OPEN TWO NEW BRANCHES

Noyan Tapan
Sep 5, 2007

YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The official opening ceremonies of
two new branches of HSBC Bank Armenia CJSC are scheduled for September
15 in Yerevan. NT was informed that the branches will be located at
1 Nersisian Street and 31a Tigran the Great Avenue respectively.

On the occasion of opening these branches, a press conference with
the participation of David Budd, member of HSBC Bank OJSC Board,
first executive director of HSBC Bank Armenia, and Anthony Turner,
the current executive director, will be held at the bank’s head office
on the same day.

To recap, HSBC Bank Armenia currently has three offices – all of them
are in Yerevan.