HSBC has reached an agreement to sell HSBC Armenia to Ardshinbank. The transaction is subject to regulatory approvals.
If you have any additional questions, please continue to contact us through your usual channels.
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. The bank is a wholly owned subsidiary of HSBC.
In line with HSBC Group’s Corporate Sustainability Strategy, HSBC Armenia has implemented numerous projects and activities from the first days of its operations in the country. Please read HSBC Armenia’s 2022 Community Report (PDF, 4.50MB).
HSBC Armenia is one of the country's leading banks. With 6 offices in Yerevan and around 318 employees, we serve around 30,000 customers through three Global Businesses: Wealth and Personal Banking, Wholesale Banking and Markets and Securities Services.
The bank has assets of AMD 321 billion as of 31 December 2022.
Read about HSBC Armenia`s performance in 2022 in the Audited Annual Report and Accounts 2022 (PDF, 5.13 MB).
|Name of the shareholder
|Size of shareholding
|HSBC Europe B.V.
|8 Canada Square, London,
E14 5HQ, United Kingdom
Please find announcement on Shareholders’ rights here (PDF, 105KB).
The Annual General Meeting of Shareholders of “HSBC Bank Armenia” CJSC will be held on 28 April 2023.
“HSBC Bank Armenia” CJSC
Please find annual remuneration details (PDF, 186KB). This document is password protected. Shareholders (participants) of the company and regulatory bodies can contact us at email@example.com to request a password.
Please find details of total loans and other advances (PDF, 49KB).
1. Griffin International Limited
The owner of 96.77% per cent of voting shares of HSBC Europe BV - direct significant participant of the Bank. Type of activities - holding company.
2. Midcorp Limited
The company is considered to be indirect significant participant of “HSBC Bank Armenia” CJSC through Griffin International Limited.
Type of activities - holding company.
3. HSBC Bank plc
The company is considered to be indirect significant participant of “HSBC Bank Armenia” CJSC through Midcorp Limited. Type of activities - clearing bank and holding company.
As a member of HSBC Group our bank is closely cooperating with other banks and financial institutions within the Group aiming to provide various and high quality services to our customers.
The main directions of intragroup transactions conducted by the bank are:
For details about HSBC’s global operations, Group board members and financial results, go to our corporate website Please note that this is English only.
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