  Euromoney names HSBC Best Bank of the Year in Armenia July 14, 2010 - 19:14 AMT PanARMENIAN.Net - In Euromoney's Awards for Excellence 2010, HSBC Bank Armenia has been named Best Bank in Armenia. The Award of Excellence was announced at a gala dinner in London on Thursday July 8, 2010, the Bank said in a press release. “We are delighted to see that HSBC’s commitment to Armenia is being recognized not only locally but also internationally,” said Astrid Clifford, CEO of HSBC Bank Armenia. HSBC Group won a total of 20 awards including Best Emerging Markets Bank and Best Wealth Management House. Euromoney said, “HSBC is one of the few institutions that can call itself a truly global emerging markets bank, and with capital flows between developing countries on the up is well placed to intermediate in one of the most exciting growth areas in the financial markets. The bank can cater to its clients globally and holistically and in a much more efficient way than most of its rivals.” The Euromoney Awards of Excellence incorporate 25 global awards for banking and capital markets; and awards for the best banks and securities houses in almost 100 countries around the world. All the awards have one central theme – they recognize institutions that demonstrate leadership in the markets in which they excel bringing the highest levels of services, innovation and expertise to their customers.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
