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Hrant Bagratyan stresses the need to expand the scale of dismissals in Armenian Defense Ministry system

Head of EU Delegation to Armenia: Both Armenians and Azerbaijanis should prepare for peace

Parliamentary forces of Armenia ready to sign "gentleman's agreement" on excluding pre-election bribes

Mammadyarov to Sargsyan: Conditions put forward for resumption of negotiations undermine peace process on settlement

Azerbaijani FM: Russia has offered a phased solution to the Nagorno-Karabakh conflict

Zaruhi Postanjyan: Large-scale armed hostilities in Artsakh are yet to start

Areximbank-GPB Group staff members visit schools in Armavir region under My Finance Month-2016 project

Armenia's Parliament Vice Speaker: No negotiations are possible unless Azerbaijan stops violating ceasefire

U.S. Congresswoman Loretta Sanchez Calls for Leahy Law Investigation of Azerbaijani Abuses

Bako Sahakyan says Karabakh will cede no land and urges world community to reconsider its attitude towards aggressor

Bako Sahakyan: Karabakh conflict cannot be settled, unless Artsakh in involved in peace talks

Konstantin Kosachev: Turkey's stance on Karabakh encourages of one the sides to the conflict to continue it

Azerbaijan continues violating ceasefire arrangements

Armenian Defense Ministry registers 18 incidents on border with Azerbaijan

SCR: Number of railway casualties in Armenia keeps increasingly growing

Ankara hopes Karabakh conflict will be resolved with due regard for 'sovereignty' of Azerbaijan

Beeline extends functions of My Beeline Armenia application

Nikol Pashinyan: Opposition exaggerates Electoral Code's role in holding fair elections

France-Karabakh Circle of Friendship perplexed by lack of Paris' official reaction to Baku's explicit threats

Nagorno-Karabakh Defense Army presented evidences of rocket bombardment of Mataghis by Azerbaijani armed forces

Central Bank of Armenia approves merger agreement of ProCredit Bank and INECOBANK

Stratfor forecast: Military escalation will continue to be a possibility in Nagorno-Karabakh, with effects that reach far beyond the bounds of the small contested territory

EU supports peaceful resolution of Karabakh conflict, Malena Mard says

Azerbaijan's armed forces fire more than 240 rounds at Karabakh positions and target Mataghis populated area overnight

Armenia's Defense Ministry: Azerbaijan shells at state border with Armenia

U.S. Department of State: We have remained in contact with both governments and we need to see the peace process back up and running as soon as possible

Manvel Sargsyan: Armenia due to reconsider fundamentally its 20-year-long policy towards Russia

Seyran Ohanyan: There will be no new dismissals in Armenia's defense system

Nagorno-Karabakh Defense Army: Adversary's movements noticed on northeastern direction of line of contact

Artsrun Hovhannisyan: Situation in Artsakh is quiet at the moment

Yerevan: The time has come for international community to call Baku to order by using specific measures

Arpine Hovhannisyan: Mihran Poghosyan case is being investigated

Russian foreign ministry: the primary task is to exclude regular outbreak of aggression

Three Armenian servicemen wounded on Line of Contact of Nagorno-Karabakh and Azerbaijani troops

Investigative Committee: Identity of the second killed passenger is established

National Revival: Hermine Naghdalyan's statement is a stab in the back of Artsakh soldier

Communist Party of Russia suggests Vladimir Putin to deploy missiles in Cuba to protect Russia and Armenia

Russia thinks military contacts of Baku and Yerevan may be continued

NKR Defense Army: Baku's reports that Armenian side allegedly uses ammunition banned by international conventions are delirium

Oskanian's party not to demand Serzh Sargsyan's resignation

Stepanakert condemns Baku's attempts to denounce unilaterally the trilateral cease-fire agreement of 12 May 1994

Russian Foreign Ministry: Contribution to search for optimal solutions in Nagorno-Karabakh peace process continued

David Babayan: Politicians who fill their stomachs with caviar or pockets with oil revenues and glorify dictatorships are terrorists too

NKR Defense Ministry calls on Azerbaijan to stop using civilians as human shield

Nikolay Bordyuzha: Flare-up of the Nagorno-Karabakh conflict "will blow up the entire Caucasus"

Armenia's Deputy Minister of Defense and OSCE CiO Personal Representative discuss situation in Karabakh

Azerbaijani armed forces open sporadic fire at state border with Armenia overnight

NKR Defense Army soldier killed, as Azerbaijan intensifies shelling

Hayazn Party demonstration demands from authorities not to make any territorial concessions in Karabakh issue

Armenian lawmaker stresses the need to boycott Turkish goods and to ban import of any Turkish products

Regional

HSBC Bank Armenia awards its best trade finance customers

  • by Gayane Isahakyan

  • Friday, July 11, 04:55

Today HSBC Bank Armenia awarded its four best trade finance customers for 2013

The Best Trade Customer Grand Prix was awarded to the biggest wine producing company "Armenia Wine".  The company was founded in 2008. It produces wine, brandy and vodka. The company owns vinelands. It also purchases grape chiefly from Aragatsotn and Vayots Dzor regions (to produce Areni wine). The Prix was delivered to Director General of the company Jean Baptiste Soula. The company exports its production to Russia, Belarus, Bulgaria, Czech Republic, Lithuania, the USA and Canada. The company established relations with HSBC bank in 2013. 

"Prix for international trade" was delivered to the company "Derzhava-C" which is one of the biggest importers of Armenia. The company was founded in 1995 and is an exclusive distributor of production of such brands as LACOSTE, MARS, "WRIGLEY" and  "COLGATE-PALMOLIVE". The company has started cooperating with HSBC since 2001. 

The Best Newcomer Trade Award went to UCOM telecommunication company, founded in 2007 in Armenia. The company offers services of  high-speed Internet, IP-television and the fixed telephone communication.  UCOM makes contracts on trade finance in many banks of the HSBC group, using the finance instruments of HSBC in many countries. The company also has a wide geography of suppliers which covers such countries as England, France, Switzerland, Sweden, Czech Republic, the USA and Taiwan. The cooperation of UCOM with HSBC started in 2013. 

Special prix  - "Prix of general executive director of the bank" was delivered to "Arokhch Sunk" company, which raises and processes mushrooms. The company occupies 80% of the mushroom market of Armenia and 90% of the mushroom market of Georgia. It has started cooperating with HSBC bank since the year of foundation 2004. 

"Today's winner companies demonstrated an innovative approach in the international trade in 2013, were active in this sector and reached significant success.. If your business crosses the borders of Armenia, HSBC will assist you", - director of the Trade and Credit Department of HSBC Bank, Aram Pinajan, said at the awarding ceremony.  

HSBC Bank was named the best trade finance bank in the world in 2012 by the London-based Global Trade Review magazine for the fifth time in a row and the best trade finance bank for the 12th time by the Global Finance magazine.

HSBC Bank Armenia is part of “HSBC Bank plc. Seventy percent of it is owned by HSBC Europe BV and 30% is held by Wings Establishment.

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