HSBC Bank

The Bank was established as a closed joint stock company under the name Midland Armenia Bank J.S.C. on 1996 and has been renamed into HSBC Bank Armenia cjsc on 1999. The bank is a joint venture between the HSBC Group, which has a 70% ownership, and members of overseas Armenian businesses with 30% ownership. It is one of the leading banks in the foreign exchange market.

HSBC Bank Armenia cjsc offers a wide range of products and services to individual as well as corporate customers in Armenia and abroad.

The bank is the member of SWIFT and Bankmail payment systems.


Our Mission

Delivering an outstanding client experience based on excellence in sales, service and solutions
Achieving a superior, ethically based, long-term return for our shareholders
Leading in our chosen markets
Creating a challenging, rewarding and pleasant work environment.
Our Goals

Execution
Perform with skill and speed
Profitable Growth
Grow sales and increase our revenues
Credit Portfolio Quality
Maintain high credit portfolio quality
Efficiency
Lower our costs and use resources wisely
Customer-Centred
Always provide exceptional customer service
People
Attract, retain and reward top performers.
Facts and Figures

As at 31 December, 2011 the bank serves 35,700 individuals, 4,600 legal entities and has 398 employees.

The bank has assets of AMD 179,065,372 thousand as at 31 December, 2011.

HSBC Bank Armenia cjsc has 8 offices/branches as well as more than 50 automated teller machines located in Yerevan.