HSBC WELCOMES UK GOVERNMENT’S ANNOUNCEMENT
HSBC welcomes the UK government’s proposals to provide liquidity and inject capital into the UK banking system. These are important and necessary steps in restoring confidence to the sector. Consistent with the objectives of the UK scheme announced today, HSBC will ensure that our principal UK subsidiary, HSBC Bank plc, continues to be appropriately capitalised, funded from the Group’s internal resources. HSBC therefore has no current plans to utilise the UK recapitalisation initiative. The HSBC Group supports efforts to stabilise the operation of financial markets and yesterday provided significant amounts of liquidity to the London Sterling interbank market, lending around .2 billion of three-month and six-month money to other banks. HSBC expects to be very active in the London interbank market again today. HSBC believes its actions will contribute to easing the strain in UK money markets, where the availability of three-month and six-month interbank loans has been very tight in recent weeks. HSBC operates in 85 countries and territories worldwide, including the UK which represented approximately one quarter of our global profits in 2007. With a market capitalisation of US$190 billion (as at 7 October 2008), the HSBC Group is one of the world’s largest financial services organisations. Over 100 million customers worldwide entrust HSBC with US$1.2 trillion in deposits. With a tier one capital ratio of 8.8% and a loan to deposit ratio of 90% as at 30 June 2008, the Group remains one of the most strongly capitalised and liquid banks in the world.
NOW THE NUMBER OF VIVACELL-MTS SERVICE CENTERS ACROSS ARMENIA HAS REACHE 75
October 8, 2008, Yerevan, Armenia - VivaCell-MTS, a subsidiary of Mobile TeleSystems OJSC (NYSE: MBT), announces the opening of two new-generation service centers in Yerevan. No time is wasted with VivaCell-MTS, ...THE KARABAKH ISSUE HAS ALWAYS BEEN AND WILL REMAIN A SIGNIFICANT LEVER OF INFLUENCE
In the process of settlement of the Karabakh conflict there have been periodical stages when both the parties of the talks and especially the mediators state rather frequently that the settlement, the ...“I AM A WITNESS OF PUDDLE OF BLOOD”
THE STATEMENT OF THE REPORTER TSOVINAR NAZARYAN I heard yesterday that the ad hoc committee to study the events of March 1 has testimonies about burnt cars but no testimonies of witnesses of blood. I ...SERGE SARGSYAN LEAVES FOR BISHKEK
Today Serge Sargsyan leaves for Bishkek to participate in the session of the council of the heads of the CIS member states and the board of the Eurasian Economic Community. The session of the council ...NATO COOPERATIVE LANCER STARTS
Today the Cooperative Lancer exercise started in Yerevan, which is part of the NATO Partnership for Peace program. The Cooperative Longbow/Lancer exercise is held as part of the Partnership for Peace ...MINES IN SHADOW
The audit service of the president is studying the mines within the administrative borders and adjacent territories of Yerevan. The production is used as building materials or material for the production ...PERHAPS PRIME MINISTER AND GOVERNMENT FAIL TO UNDERSTAND THE IMPACT
The financial crisis in the world which began from the mortgage market of the United States, cannot bypass the Armenian economy, stated the ex-prime minister of Armenia Hrant Bagratyan on October 9 at ...PAN-ARMENIAN BANK OR EMPLOYMENT?
What is the attitude of the ex-prime minister Hrant Bagratyan towards the statement of Prime Minister Tigran Sargsyan about the setup of a pan-Armenian bank? The reporters asked this question to Hrant ...EITHER WE ARE CREATIVE OR TURKS ARE NOT SAVAGE
The opening of the Armenian-Turkish border does not pose danger to the Armenian economy in a long-term perspective, the ex-prime minister Hrant Bagratyan said on October 9 at the National Press Club. ...KARABAKH IS THE PROBLEM OF THE GOVERNMENT
When the day arrives, the result of the rally of the opposition on October 17 will be revealed, said the leader of the Liberty Party Hrant Bagratyan on October 9 at the National Press Club. According ...THE BEHAVIOR OF THE GOVERNMENT IS UNACCEPTABLE
Albert Bazeyan, the ex-freedom fighter, now in charge of the unification of the Ramkavar Party of Armenia, Dashink and Veratsnund parties under the flag of the Ramkavar Party of Armenia, voiced concern ...HSBC WELCOMES UK GOVERNMENT’S ANNOUNCEMENT
HSBC welcomes the UK government’s proposals to provide liquidity and inject capital into the UK banking system. These are important and necessary steps in restoring confidence to the sector. Consistent ...
LAVROV SPOKE ABOUT RUSSIA’S INVESTMENTS
DEPI HAYK
THE WAR IS NOT OVER YET
DIPLOMACY FOR FLIES
SARGSYAN-LAVROV MEETING
TER-PETROSYAN MET WITH EUROPARLIAMENT DELEGATES
FRENCH COMPANY MADE THE BIGGEST BID
SPECIAL RESIDENCE PERMIT WAS GRANTED TO DAVID NALBANDIAN
NOW THE NUMBER OF VIVACELL-MTS SERVICE CENTERS ACROSS ARMENIA HAS REACHE 75
THE BEHAVIOR OF THE GOVERNMENT IS UNACCEPTABLE
- 1846 Birth of Mkrteech Portoogalian, Armenian patriot and public figure in the Armenian emancipation movement. He died in 1921.
- 1912 Start of the First Balkan War, which lasted to1913 05 30. Andranik leads an Armenian detachment.
- 1926 Avetik Issahakyan (poet) returns to Armenia from France.
- 1943 The Soviet Supreme Command names the Armenian 89th Rifle Division the "Tamanian Division" because it liberated the Tamanian peninsula.
- 1956 Death of Shahen Berberian (Reteos Berberian's son), educator, literature figure, art historian and semasiologist.
- 1998 Opening of Franz Werfel's monument on Schiller Square in Vienna, Austria. He is the author of the novel "The Forty Days of Moossa Dagh".
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