HSBC Bank Armenia

The bank was established as a closed joint stock company under the name Midland Armenia Bank J.S.C. in 1996 and was renamed HSBC Bank Armenia cjsc in 1999.

License N67 of the Central Bank of the Republic of Armenia.

The bank’s purpose is to be where the growth is, enabling businesses to thrive and economies to prosper, and ultimately helping people to fulfil their hopes and realise their ambitions.

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

The bank is a joint venture between the HSBC Group, which has 70 per cent ownership, and an Armenian businessman with 30 per cent ownership.

The bank has 8 offices in Yerevan and serves around 30,000 customers.

As of December 31, 2018 bank had 392 employees.

As of December 31, 2020, the total capital of the bank is AMD 39,555,707 thousand, assets – AMD 238,949,623 thousand, liabilities – AMD 195,181,926 thousand.