| Fimbank will be able to move first to bring Islamic banking to Malta, tap new markets, and target larger clients if Middle Eastern institutional investors take a controlling interest in the next few months, bank president Margrith Lütschg-Emmenegger said.
With a commitment for additional equity of $160 million – which doubles Fimbank’s equity over the next 18 months – the Malta-headquartered trade finance bank has the potential to triple, even quadruple, its balance sheet over the next five years, she said...............................................Full Article: Source
|