Yerevan/Mediamax/. “HSBC Bank Armenia” was named the “Best Bank in Armenia” for the third year in Global Finance Magazine’s survey which listed “The World’s Best Emerging Market Banks in Asia 2011”.

Mediamax was informed in the press service of the bank that criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

The selection of the winners was carried out by Global Finance editors, corporate executives and banking consultants.

Astrid Clifford, Chief Executive Officer of “HSBC Bank Armenia” said: “We are well positioned in the market and committed to Armenia and to improving services for our customers, and are glad that this is being recognized by well known organizations such as Global Finance Magazine.  We are particularly pleased to receive this award in 2011 as it marks our 15th anniversary in Armenia.”