Tomorrow, on 21st October, from 10am, in Sheraton Metechi Palace Hotel, HSBC Bank Georgia jsc and the Ministry of Economy and Sustainable Development will hold a second workshop of a “Trade Academy” for Georgian Corporates. Specifically for this occasion the Head of European Structured and Supply Chain Sales of HSBC, Frederic Vilsboe, is visiting Georgia. Together with local experts from HSBC and representatives of the Ministry of Economy and Sustainable Development, Frederic will talk about the process of trading internationally, the risks involved in trading overseas, and how to mitigate them.

The Trade Academy project, initiated by HSBC, has already been successful in a number of countries globally, including the UK and France. In each country, the Academy is tailored to the needs of the particular market. In Georgia it is focused on international trade products, Foreign Exchange markets and relevant legislation.

Media enquiries to:

HSBC Bank Georgia
Maka Gvritishvili
Tel: +995 32 17 77 48
E-mail: makagvritishvili@hsbc.com

Ministry of Economy and Sustainable Development of Georgia
Georgian National Investment Agency
Nino Skhirtladze
Tel: +995 32 10 63 92
E-mail: ninos@investingeorgia.org

Notes to editors:

HSBC Bank Georgia jsc
HSBC Bank Georgia is a part of the HSBC Group, one of the largest banking and financial organisations in the world. The bank opened its doors for business in Tbilisi in June 2008 and is offering a full range of corporate, trade and treasury services to local and international businesses.

HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 8 000 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$2,418 billion at 30 June 2010, HSBC is one of the worlds largest banking and financial services organisations. HSBC is marketed worldwide as ‘the worlds local bank.

Georgian National Investment Agency LEPL
Georgian National Investment Agency is the sole government agency responsible for investment promotion and facilitation. Founded in 2002 it is designed to act as a "one-stop-shop" for comprehensive information about investment opportunities in Georgia.