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Economy

OIL:  BRENT - 73.11+2.29 WTI - 66.83+2.31
COMEX:  GOLD - 1987.70-0.40 SILVER - 22.69+0.35
COMEX:  PLATINUM - 994.60+2.16
LME:  ALUMINIUM - 2274.50+0.02 COPPER - 8697.50+1.37
LME:  NICKEL - 22797.00-2.43 TIN - 22750.00+1.07
LME:  LEAD - 2118.00+1.36 ZINC - 2885.50-0.33
FOREX:  USD/JPY - 131.33-0.02 EUR/GBP - 1.0711+0.46
FOREX:  EUR/USD - 1.0711+0.46 GBP/USD - 1.225+0.57
STOCKS RUS:  RTSI - 979.83+3.25
STOCKS US: DOW JONES - 32244.58+1.20 NASDAQ - 11675.54+0.39
STOCKS US: S&P 500 - 3951.57+0.89
STOCKS JAPAN:  NIKKEI - 26945.67-1.42 TOPIX - 1929.30-1.54
STOCKS CHINA:  HANG SENG - 19000.71-2.65 SSEC - 3234.91-0.48
STOCKS EUR:  FTSE100 - 7403.85+0.93 CAC40 - 7013.14+1.27
STOCKS EUR:  DAX - 14933.38+1.12
20/03/2023  CBA:  USD - 388.48+0.20 GBP - 474.80+3.62
20/03/2023  CBA:  EURO - 415.48+2.58
20/03/2023  CBA:  GOLD - 24506.47+503.84 SILVER - 273.34-1.42
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Solar energy for your business: the joint event of EBRD’s GEFF in Armenia program and HSBC Bank Armenia
08/02/2023 17:52

Solar energy for your business: the joint event of EBRD’s GEFF in Armenia program and HSBC Bank Armenia

The causes and consequences of climate change, as well as the role of businesses and opportunities in this context were the main topics discussed today in Yerevan at the conference co-organised by HSBC Bank Armenia CJSC (hereinafter HSBC Armenia) and EBRD’s Green Economy Financing Facility in Armenia (hereinafter GEFF in Armenia).

The purpose of the conference was to introduce to Armenian businesses the benefits of utilizing renewable and solar energy, ways to enhance their energy efficiency, as well as the financing solutions offered to them within the framework of EBRD financing. “Energy-efficient business solutions create new opportunities for businesses to reduce expenses, while mitigating climate change risks. Therefore, it is important to acquire knowledge that will contribute to the best use of the potential of PV plants for business activities,” says Mikhayil Gevorgyan, PFI Relationship Manager of GEFF in Armenia.

During the event, attendees received practical guidance from industry experts on operating photovoltaic plants, ensuring their sustainability, and other technical aspects.  According to the Head of Wholesale Banking of HSBC Armenia, Martin Martirosyan, it is clear that now more businesses appreciate the vital importance of renewable energy in reducing CO2 emissions and limiting human impact on the environment. He specifically mentions: “It is obvious that  such events attract interest of businesses and contribute to the formation of a market where preference is given to more sustainable ways of doing business. HSBC globally made bold sustainability commitments. HSBC in Armenia is also committed to helping its customers to transition to a low-carbon and sustainable economy. To achieve this goal, we provide financing options that support the adoption of renewable energy and enhance the energy efficiency of our clients.”

The Facility in Armenia is a product of the European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the Scaling-up Renewable Energy Program (SREP) of the Climate Investment Funds (CIF).

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 63 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,992bn at 30 September 2022, HSBC is one of the world’s largest banking and financial services organisations.

HSBC Bank Armenia CJSC was established in 1996. The bank is a wholly owned subsidiary of HSBC Group. HSBC Armenia serves around 30 000 customers through seven offices located in Yerevan and around 310 employees. As of 31 December 2022, the Bank has assets of AMD321 billion including the ones, allocated with the mediation of the HSBC Bank plc, London. The bank is regulated by the Central Bank of Armenia.

 

Beeline Armenia - Telecommunication services for your business.
AMD Rates
10:30 21/03 Buy Sell
AMD / USD 387.00 390.00
AMD / EUR 412.00 419.00
AMD / RUR 4.98 5.07
dollars
dollars
CBA Rates
20/03/2023
USD / AMD
388.48
+0.20%
EUR / AMD
415.48
+2.58%
RUR / AMD
5.04
-0.03%
GBP / AMD
474.80
+3.62%
Cryptocurrencies
10:30 21/03
BTC/AMD
10,784,189
+0.52%
BTC/USD
27759.96
+0.47%
ETH/USD
1744.03
-1.26%
BCH/USD
130.58
-2.79%
XRP/USD
0.386146
+0.54%
LTC/USD
79.01
-3.75%
BNB/USD
331.85
-1.15%
DOGE/USD
0.071735
-3.23%
ETH/BTC
0.062797823
-1.77%
BCH/BTC
0.004701975
-3.29%
XRP/BTC
0.000013904
+0.02%
LTC/BTC
0.002844827
-4.26%
BNB/BTC
0.011949033
-1.65%
DOGE/BTC
0.000002583
-3.73%
CBA Metals
20/03/2023
dram / gram
Gold
24506.47
+503.84%
Silver
273.34
-1.42%
FOREX
09:37 21/03
EUR/USD
1.0711
+0.46%
GBP/USD
1.225
+0.57%
USD/JPY
131.33
-0.02%
EUR/GBP
0.8742
-0.14%
Oil
09:37 21/03
$ / barrel
Brent
73.11
+2.29%
Light Sweet
66.83
+2.31%
COMEX
09:37 21/03
$ / tr. oz
Gold
1987.70
-0.40%
Silver
22.69
+0.35%
Platinum
994.60
+2.16%
LME / 3M
09:37 21/03
$ / tonne
Aluminium
2274.50
+0.02%
Copper
8697.50
+1.37%
Nickel
22797.00
-2.43%
Tin
22750.00
+1.07%
Lead
2118.00
+1.36%
Zinc
2885.50
-0.33%
Molybdenum
68232.99
-2.80%
Cobalt
34180.00
+0.00%
Indexes
09:37 21/03
point
Dow Jones
32244.58
+1.20%
S&P 500
3951.57
+0.89%
NASDAQ
11675.54
+0.39%
FTSE
7403.85
+0.93%
CAC 40
7013.14
+1.27%
DAX
14933.38
+1.12%
RTSI
979.83
+3.25%
Nikkei
26945.67
-1.42%
Topix
1929.30
-1.54%
Hang Seng
19000.71
-2.65%
SSEC
3234.91
-0.48%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
10.75
+0.00%
Lombard Repo
Lombard Repo Rate
12.25
+0.00%
Deposit
Deposit Rate
9.25
+0.00%
Macroeconomy
01/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
177.7
+1.40%
Export 1
Export
572.8
+130.0%
Import 1
Import
727.1
+72.5%
CPI
Consumer price index
+8.10
Avg. Salary 2
Average salary
249,278
+22.0%
Services 3
Volume of services
216.0
+25.9%
Construction 3
Volume of construction
16.0
+12.2%
1 - mln AMD, 2 - AMD, 3 - bln AMD