Wednesday, October 5 2011 18:40
HSBC Bank Armenia awards its best trade customers
ArmInfo. HSBC Bank Armenia CJSC held its second Trade Award official ceremony and announced its Best Trade Customers of 2010 today, at its head office premises.
The press service of HSBC Bank Armenia reports that five customers received Trade Award Certificates and symbolic promotional gifts from Astrid Clifford, HSBC Bank Armenia Chief Executive Officer.
Best Trade Customer - International Trade Award was granted to Lia-K Group; Best Trade Customer - Innovation Trade Award - to Erebouni Medical Center; Best Trade Customer - Best Newcomer Trade Award - to Mancho Group; Best Trade Customer - CEO's Special Award - to Karcomauto Group; and Best Trade Customer - Grand Prix - to ARAY. The bank continuously puts special emphasis on development and introduction of innovative Trade Finance solutions to enable local companies make a shift from traditional financing instruments to more comprehensive and beneficial solutions. For Armenia it is vital to encourage and support country's import and export businesses.
"The key objectives for HSBC Trade Finance are providing high quality services with lesser expenses. Trade and Supply Chain remains at the core of HSBC Business across the globe, and Armenia is very well positioned to contribute in further success of the Group. We assess the Bank's 40% trade finance market share as a high result, but we will not stop there. In fact, we are interested in every business that crosses the borders of Armenia", - HSBC Bank Armenia Chief Executive Officer Astrid Clifford said.
In line with the strategy of positioning HSBC as the best bank for international business, this year due to HSBC's presence in Armenia, 40 of the bank's customers were provided with the opportunity to participate in the European Business Awards and 3 have been recognized as winners and awarded with a 'Ruban d'Honneur' prize under the category "The Chairman's Selection". HSBC Armenia clients also had the chance to participate in a pan European "Trade Connection" event in Shanghai in June with one customer, and in the "Trade Summit" event to be held next week in Hamburg with 2 customers.
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