September 15, 2009 - 15:47 AMT
HSBC Bank Armenia plans debit cards' issue in 2010
In 2010 HSBC Bank Armenia plans to make major investments in implementation of debit cards, HSBC Bank Armenia Chief Executive Officer Tim Slater said at the presentation of new service

About 20 000 debit cards will be issued in 2010.

HSBC Bank Armenia cjsc was the first international bank to open in Armenia in 1996. The bank is a joint venture between the HSBC Group, which has 70% ownership, and members of overseas Armenian businesses. The bank has 9 subsidiaries and a network of automated teller machines (ATMs) operating in Yerevan.