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HSBC bank Armenia holds trainings for importers and exporters

20.08.2009, 22:08
Representatives of thirty five importer and exporter organizations and banks as well as students attended trainings held by HSBC Bank Armenia.

YEREVAN, August 20. /ARKA/. Representatives of thirty five importer and exporter organizations and banks as well as students attended trainings held by HSBC Bank Armenia.

The press office of the bank told ARKA News Agency recent research and analysis conducted by HSBC Bank Armenia TSC indicated a low level of structured trade finance product utilization by Armenian importers and exporters, being about 4% of Armenia's international trade turnover in 2008.

“HSBC Armenia TSC specialists saw this as a challenging opportunity to grow TSC portfolio by holding seminars on the advantages and convenience of trade finance solutions available at HSBC to the prospective customers through series of seminars”, the press release says.

Two seminars were organised, at Caucuses Research Resource and SME Development National Centres , with participation of 35 companies involved in export and import businesses, the banking industry, as well as postgraduates.

HSBC Armenia TSC specialists introduced the tools and services which contribute to further success and growth of trading companies. Both Trade seminars won significant interest from the participants and received positive coverage on TV news.

TSC Armenia will continue the initiative of providing trade education as well as tailored solutions and professional services to its customers, thus contributing to the growth of HSBC’s reputation and customer base. -0--