HSBC Armenia bank to spend $1 million in 2010 for issuing 20,000 debit cards
17.09.2009,
00:47
HSBC Armenia Bank chief executive officer Tim Slater said Tuesday that the Bank will invest $ 1 million next year to issue 20,000 debit cards.
YEREVAN, September 16, /ARKA/. HSBC Armenia Bank chief executive officer Tim Slater said Tuesday that the Bank will invest $ 1 million next year to issue 20,000 debit cards.
“Next year our major investments will be in credit cards,’ he said at a news conference Tuesday, adding that HSBC Armenia did not plan introduction of new services in 2010.
“We believe that our branches, ATMs, telephone services and Internet banking are what we need to offer our customers today, ” he said.
HSBC Bnak Armenia is a subsidiary of HSBC Bank plc. It was registered in Armenia in 1995.
HSBC Bank plc holds 70% of HSBC Bank Armenia; 30% are owned by Diaspora Armenians. HSBC Bank Armenia joined NASDAQ OMX Armenia in 2009 January. M.M. -0-
