HSBC Bank Armenia CJSC Makes Its Business Greener

HSBC BANK ARMENIA CJSC MAKES ITS BUSINESS GREENER

ArmInfo
2009-11-06 16:15:00

ArmInfo. HSBC Bank Armenia cjsc has pledged to sponsor planting up
to 1000 trees in Yerevan to encourage its customers to opt to receive
their statements electronically and for signing up to Personal Internet
Banking services, thus helping to preserve the environment, HSBC Bank
Armenia told armInfo.

Continuing the good tradition of tree planting initiated in 1996, on
8 November HSBC Bank Armenia staff and their families will plant 500
trees in "Huisi Avan" residential community together with specialists
from Armenia Tree Project and community members.

Tree planting is only one aspect of a comprehensive "Green Bank"
campaign which the Bank has initiated. Following the launch of
Telephone Banking in March 2009 and Internet Banking in July 2009,
the availability of electronic statements is aimed at reducing paper
consumption and helping to preserve the environment.

"To further encourage our customers and community to use green
channels and sign up for Telephone or Internet Banking services and
switch to e-statements, today we go green with tree planting. It is
also important to mention that all HSBC Armenia staff do their daily
banking via direct channels, acting as role models for the community",
said Tim Slater, HSBC Bank Armenia Chief Executive Officer.

The area where the tree planting will take place was also chosen
with care. "Huisi Avan" is a shelter for 76 underprivileged Armenian
families, mainly refugees, with a minimum of three children. By
planting decorative trees and donating much needed fruit trees,
the Bank is helping to improve the lives of people in need.