HSBC Bank Armenia invests $2 million in phone, internet banking services
12.03.2009,
18:07
HSBC Bank Armenia has invested $2mln for banking services via telephone and Internet, said CEO of HSBC Bank Armenia Tim Slater.
YEREVAN, March 12. /ARKA/. HSBC Bank Armenia has invested $2mln for banking services via telephone and Internet, said CEO of HSBC Bank Armenia Tim Slater.
The bank has launched telephone banking services and, starting from July,is going to provide Internet banking in Armenia, Slater told reporters last week.
Next year, the bank also plans to open new branches, aiming to expand cooperation with clients, the banker said.
With main investments in the two projects made, the bank’s customers can sign agreements on telephone banking activities.
The new services allow customers to check their accounts, get information about deals and make other operations without having to visit the bank, Slater said.
Established on September 25, 1995, HSBC Bank Armenia
is a joint venture between the HSBC Group, which has a 70% ownership, and members of overseas Armenian businesses. The bank has 10 branches in Yerevan.
As of December 31, 2008, the bank’s assets totalled 121.8bln drams, with liabilities and capital reaching 106.3bln drams and 15.5bln drams respectively. By end-2008, the bank’s net pre-tax profit reached 5bln drams, with its loan investments amounting to 74bln drams, compared to 51.7bln drams earlier last year.
The bank’s balance sheet profit totalled 12.7bln drams. ($1-369.73 drams). –0--
The bank has launched telephone banking services and, starting from July,is going to provide Internet banking in Armenia, Slater told reporters last week.
Next year, the bank also plans to open new branches, aiming to expand cooperation with clients, the banker said.
With main investments in the two projects made, the bank’s customers can sign agreements on telephone banking activities.
The new services allow customers to check their accounts, get information about deals and make other operations without having to visit the bank, Slater said.
Established on September 25, 1995, HSBC Bank Armenia
is a joint venture between the HSBC Group, which has a 70% ownership, and members of overseas Armenian businesses. The bank has 10 branches in Yerevan.
As of December 31, 2008, the bank’s assets totalled 121.8bln drams, with liabilities and capital reaching 106.3bln drams and 15.5bln drams respectively. By end-2008, the bank’s net pre-tax profit reached 5bln drams, with its loan investments amounting to 74bln drams, compared to 51.7bln drams earlier last year.
The bank’s balance sheet profit totalled 12.7bln drams. ($1-369.73 drams). –0--
