Yerevan/Mediamax/. In 2010, pre-tax profit of “HSBC Bank Armenia” made 5.9nlb with 132% growth rate over the comparable figure for 2009. The bank presented financial results of 2010 in Yerevan today. Total assets increased by 7%, making AMD 145bln. “HSBC Bank Armenia” Customer deposits decreased by 4% to AMD107bln at 31 December 2010. Gross customer loans increased by 31% to AMD 86bln with corporate loan portfolio being up by 67% to AMD 65bln, as compared to 2009 index. Astrid Clifford, Chief Executive Officer of “HSBC Bank Armenia” CJSC, said: “HSBC Armenia has delivered good business during the year and celebrates its 15th anniversary in Armenia with record-breaking profits. We are well positioned in the market and have committed ourselves to expanding our business further in 2011.” Tweet Views 6894