Tuesday, 19 03 2024
Tuesday, 19 03 2024
10:41
A category G2 geomagnetic storm is expected on March 20-22
The President of the Republic received French intellectuals
10:03
The EU will increase the military aid fund to Ukraine by 5 billion euros
17:01
The EU will impose new sanctions on Russia
16:42
Niger can give Iran access to uranium
16:23
The Israeli army is conducting an operation in the area of Al-Shifa hospital
Bilateral meetings between Armenia and the USA
15:45
“Cooperation between the Turkish Armed Forces and the Azerbaijani Army will greatly contribute to NATO.” Stoltenberg
15:26
Bayramov received Louis Bono
15:07
Bayramov and Stoltenberg met
14:48
“Israel provokes hunger in Gaza.” Borell
14:29
Israel-Hamas negotiations will continue
14:10
Andranik Kocharyan had a meeting with Vahan Kostanyan before the NATO PA session
“Armenia is making efforts to normalize relations with Azerbaijan.” Mirzoyan
CEC representatives observed the US presidential primaries
13:13
Aliyev congratulated Putin
12:54
Putin lost in Yerevan and Gyumri
12:35
Stoltenberg will visit Georgia today
The EU Council of Foreign Ministers will discuss supporting Armenia and the settlement process with Baku. TASS
11:57
Israel can deport 1.4 million Palestinians
11:38
“We are in the active stage of peace negotiations with Armenia.” Aliev
11:19
“We hope permanent peace will be established between Azerbaijan and Armenia.” Stoltenberg
11:00
Precipitation is expected, and air temperature will drop
10:41
NATO Secretary General will visit Armenia after Azerbaijan
USA
10:22
The United States reaffirms its unwavering commitment to achieving a lasting and dignified peace between Azerbaijan and Armenia. Biden
10:03
The CE deputies called on the EU to protect the Armenian cultural and religious heritage of Nagorno-Karabakh
13:51
Precipitation is expected in mountain zones in the form of wet snow
13:32
“Cars are not more important than children; the primary thing is that children should be well.” Tigran Avinyan
13:13
Drones hit oil refineries in Samara
12:54
Judicial reforms were discussed with the US representative

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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