Yerevan/Mediamax/. Based on London “Global Trade Review” magazine, HSBC was recognized as The Best Global Trade Finance Bank 2009.

Mediamax was informed in the press service of “HSBC Bank Armenia” today that “HSBC Armenia made a significant contribution to the Group's success”.

According to Artur Petrosyan, “HSBC Bank Armenia” Trade and Supply Chain Manager, notwithstanding the adverse economic conditions throughout the year, the bank continued to support all components of trade finance in Armenia, securing income from imports and growth of guarantees by 48% and 17% respectively.