HSBC Armenia Bank

 Total Assets  $ 510.35 mln
 Deposits  $ 322.87 mln
 Liabilities  $ 422.94 mln
 Capital  $ 87.41 mln
 Revenue (TTM)  $ 43.88 mln
 Branches  9
 ATMs  47

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.

Facts and Figures.

As at 30 June, 2010 the bank serves 37,266 individuals, 4,982 legal entities and has 366 employees.

HSBC Bank Armenia cjsc has 7 offices as well as 50 automated teller machines located in Yerevan.

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