FIMBank organises educational seminar for shareholders

18.11.2015

FIMBank recently hosted its local shareholders to a seminar during which participants were given an overview of the Group’s global activities as well as the range of trade finance products and services it provides. This Information Session was held in collaboration with the Malta Association of Small Shareholders and was supported by the Malta Stock Exchange.

In his opening address to the event, Dr John C. Grech, Chairman of the FIMBank Group, referred to the collaboration between FIMBank plc and the Malta Association of Small Shareholders. Dr Grech explained that “FIMBank was one of the first listed companies to open its doors to the Association. We are committed to the protection of shareholders’ rights and their equal treatment. We are also always looking to keep open, extend and diversify the channels of communication with all our shareholders, as well as ensuring that the wider community of Maltese shareholders is kept abreast of developments at FIMBank”.

FIMBank’s CEO Murali Subramanian expressed satisfaction at the high turnout for this session: “Trade Finance is a traditional business that is at the heart of global commerce. It is the expertise and focus at FIMBank on delivering client-specific solutions that has given FIMBank a reputation of being a significant and important trade finance provider globally. This is one of the more distinguishing features of  FIMBank. I trust that this demonstration of our capabilities and solution orientation came across in today’s presentations”.

FIMBank’s presentations were delivered by Dennis Camilleri and Lorna Pillow, senior officers in the Trade and Commodity Finance and Forfaiting businesses respectively. Camilleri explained the nature of FIMBank’s trade finance business, while Pillow gave an overview of forfaiting and elaborated on the advantages of this alternative financing solution.  The presentation of the CEO of the Malta Stock Exchange, Eileen V. Muscat focused on recent market trends and developments, as well as new opportunities that will be available to local investors and SMEs.

Finally, the PRO of the Malta Association of Small Shareholders, Tarcisio Barbara thanked FIMBank for organising the educational activity. Mr Barbara explained that since its foundation MASS has evolved considerably. It is now "fulfilling its mission of increasing financial literacy" and knowledge of MSE-listed companies among local shareholders and investors.

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