Tuesday, August 17, 2010

HSBC named Best Bank of the Year



In Euromoney's Awards for Excellence 2010, HSBC Bank Armenia has been named
Best Bank in Armenia. The Award of Excellence was announced at a gala
dinner in London on Thursday July 8, 2010.

"We are delighted to see that HSBC's commitment to Armenia is being
recognized not only locally but also internationally": said Astrid
Clifford, CEO of HSBC Bank Armenia.

HSBC Group won a total of 20 awards including Best Emerging Markets Bank
and Best Wealth Management House.

Euromoney said, "HSBC is one of the few institutions that can call itself a
truly global emerging markets bank, and with capital flows between
developing countries on the up is well placed to intermediate in one of the
most exciting growth areas in the financial markets." Euromoney added, "The
bank can cater to its clients globally and holistically and in a much more
efficient way than most of its rivals."

The Euromoney Awards of Excellence incorporate 25 global awards for banking
and capital markets; and awards for the best banks and securities houses in
almost 100 countries around the world.

All the awards have one central theme - they recognize institutions that
demonstrate leadership in the markets in which they excel bringing the
highest levels of services, innovation and expertise to their customers.

 

Source: The Armenian News by A1+

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