IN SHORT

HSBC bank arrives in Slovakia

THE LONDON-based bank, HSBC, opened its first branch in Bratislava June 16. The bank will provide corporate and institutional banking products to local and foreign clients as well as those planning to invest in Slovakia, the SITA news agency wrote.

The new Bratislava branch director is Karel Bureš, the former head of the treasury section at HSBC in Prague.

"HSBC has monitored development in Slovakia for a long time now - especially its amazing economic growth after the country entered the EU in May last year. We are glad to be opening our Bratislava branch in this time of major growth of the Slovak economy," Bureš said June 14.

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