HSBC Bank Armenia declared Bank of the Year in Armenia for 2009

PanARMENIAN.Net - HSBC Bank Armenia cjsc was declared Bank of the Year in Armenia for 2009, at The Banker's Bank of The Year Awards in London on 4 December 2009.



The criteria for choosing the winners included banks' financial performance, innovation, new initiatives and general strategy over the previous year.



Among the bank's achievements which have been considered by The Banker were the 16.9 per cent rise in assets in 2008 and the bank's focus on providing superlative customer service.



Tim Slater, Chief Executive Officer, HSBC Bank Armenia cjsc, commented: "The bank continued its investments in technology and infrastructure and introduced internet and telephone banking services to Armenia. HSBC Bank Armenia now offers a full direct banking proposition and a choice of branch, ATM, telephone and internet banking for its customers".



The world's local bank continues to work on the concept of 'your branch that never closes' for customers living in Armenia and elsewhere in the world.