HSBC Armenia launches a promotion for clients and new joiners

• Friday, March 1, 15:08

 HSBC Armenia is offering a great and competitive rate for personal assistance loans and more as a one month promotion campaign for existing and new-to-bank customers.

The press service of HSBC Armenia reports that the offer was launched today (1st Mar) and includes:

Personal assistance loans at a discounted annual rate of 20% (instead of 24%)

MasterCard Standard monthly service fee - Free

MasterCard Gold monthly service fee - Free

Account opening fee - Free 

Mihran Muradyan, Head of Retail Banking and Wealth Management said: "This new offer is designed to help our customers meet their financial needs, whether they are one-off or more long term. At HSBC, we work hard to ensure that we are focused on our customers, whether they are existing customers, or new to the bank."

HSBC Bank Armenia had 15,000 credit cards in circulation as of 31/12/12. Loans to individuals comprised AMD 21 billion as of 31/12/12. Both credit cards and personal assistance loans are the most popular and needed bank products according to the Bank's research.