HSBC BANK CONDUCTS TRAINING FOR ARMENIAN IMPORTERS AND EXPORTERS

PanARMENIAN.Net
20.08.2009 16:02 GMT+04:00

/PanARMENIAN.Net/ Recent research and analysis conducted by HSBC
Bank Armenia TSC (providing short-term loans, bank guarantees and
other services in the sphere) indicated a low level of structured
trade finance product utilization by Armenian importers and exporters,
being about 4% of Armenia’s international trade turnover in 2008. HSBC
Armenia TSC specialists saw this as a challenging opportunity to grow
TSC portfolio by holding seminars on the advantages and convenience of
trade finance solutions available at HSBC to the prospective customers
through series of seminars.

Two seminars were organized, at Caucuses Research Resource and SME
Development National Centres, with participation of 35 companies
involved in export and import businesses, the banking industry,
as well as students and postgraduates. HSBC Armenia TSC specialists
introduced the tools and services which contribute to further success
and growth of trading companies.

Both Trade seminars won significant interest from the participants
and received positive coverage on TV news.

Bank plans to continue organization of such trainings in future,
at the same time providing high-quality professional consultations
so as to attract more clients and enhance the bank’s image.