Friday, 29 03 2024
Friday, 29 03 2024
11:57
“No one in Armenia has the right to hand over anything by law.” Alain Simonyan
11:38
The ideologies of European party unions were discussed at the KP session
11:19
A military plane fell into the sea in Sevastopol
11:00
The humanitarian aid sent by Armenia to Gaza is in Egypt
USA
10:41
The USA informed Russia about the terrorist threat on March 7
10:22
Russians are losing interest in Dubai
10:03
The EU will present the plan for the supply of weapons to Ukraine by April
16:04
Israel liquidated 200 Hamas militants in Ash-Shifa hospital
15:45
“The special services of Germany did not know about the terrorism being prepared near Moscow.” Scholz
15:26
“The question of leaving the EAEU is not being discussed now.” Maria Karapetyan
15:07
Clinton lobbied to swap Navalny with Krasikov
14:48
Georgian parliamentarians visited Tsitsernakaberd
14:29
“Russia knew about the preparation of terrorism for more than a month.” Budanov
14:10
Vasquez and Nacho will also extend the contract with “Real.”
13:51
The new Ukrainian law discriminates against Russian speakers, Armenian speakers, and Roma
13:32
“It’s hard for me to stay in the football world.” Mkhitaryan gave a briefing
13:13
The Foreign Ministry of Latvia declared the Russian diplomat persona non grata
12:54
Armenia will send humanitarian aid to Gaza
12:35
Kroos will spend another year in Madrid
12:16
Weather without precipitation is expected
11:57
Georgia will receive 9.25 million euros from UEFA
11:38
Alen Simonyan presented the current security situation in the South Caucasus to his French colleagues
USA
11:19
“The main point of the US-Armenia-EU meeting is economic stability.” Miller
The Armenia-EU-USA meeting is not related to third countries
Nikol Pashinyan’s interview was published in The New York Times
10:22
Banks in Turkey, UAE, and China are delaying payments for Russian oil
“NATO member Turkey will not create problems in this case.” Edgar Vardanyan
18:55
The Prime Minister received the delegation led by the president of France-Armenia Inter-Paranial Friendship Group
18:36
Azerbaijan’s Sambo team refused to come to Yerevan
Mirzoyan visited the Argentine Council of International Relations

HSBC Bank Armenia held the 14th workshop of its Trade Academy

Kamo Margaryan, Head of Global Trade and Receivables Finance, HSBC Bank Armenia, said that Trade Academy’s goal is to preset financial instruments, bank guarantees and less risky and expensive trade financing methods.

Margaryan noted that more than 350 companies have taken part in that kinds of events organized by HSBC. We do not lead businessman to our bank, we just present our services of financing the business. Our purpose is to support businesses both in Armenia and USA as our global coverage gives the opportunity. The academy workshops have enabled the bank to attract more clients. As a result, every day we can see they prefer to use trade financing instruments to prepayment. Thus they improve companies’ financial indicators and secure themselves against risks,” Mr Margaryan said. The aim is to show organizations trade financing services and instruments and advantages of such instruments. However, the HSBC Bank’s international reputation and universally available experience is of importance as well. The academy workshops have enabled the bank to attract more clients.

Thies Clemenz, Chief Executive Officer of HSBC Bank Armenia, hoped that the event will be of benefit to all the participants and they will have full information they can make use of the moment their businesses go beyond Armenia.

As we have already mentioned the event was held with the US Embassy because the USA is considered to be the sixth great investor of Armenia.
However, numerous companies have to choose between expanding their businesses in the domestic market and entering the international market. At such moments they have fears. The reason is that developing businesses abroad will inevitably entail problems. And investments are the major concern. This is the reason for the workshop.
Richard Mills, the last embassador of the USA in Armenia said that Armenian business atmosphere tries to improve business relationship with USA. Our goal is to improve the cooperation between the American and Armenian businessman that will lead to economic growth in both countries and also in new work places. ‘If Armenian and American businesses know more about each other we can enlarge the cooperation for creating new work places’ he said.

The companies such as ‘Ingo Armenia’ and ‘Gold’s Gym’ also took part in 14th workshop of its Trade Academy.

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