FCM Bank Ltd

 (3.7; 3 ratings)
3.7 3

Business Focus

retail banking

FCM Bank is a Maltese bank specialising in savings and fixed term deposit products. FCM Bank focuses on delivering simple, straightforward and good-value products. FCM Bank operates online and has only one brick-and-mortar branch which allows the bank keep the costs low and pass on the savings to the customers.

Services

retail banking
corporate banking
foreign-exchange services

Area Served

MTMalta
internationally
DEGermany

Products

investment loans
real estate loans
project financing
working capital loans

Account Currencies

EUEUR (Euro)
GBGBP (Pound sterling)

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of FCM Bank Ltd can be done in a few steps:

1.
Submit online application
2.
Sign and send documents
3.
Make transfer

Due to regulatory requirements FCM Bank Ltd performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual FCM Bank Ltd will ask him/her to provide the following documents: passport; proof of address. For corporate clients FCM Bank Ltd will ask to provide corporate documentation as well as information about controlling persons. FCM Bank Ltd may request additional documentation or information depending on the case.

Ways to Bank

FCM Bank Ltd delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of FCM Bank Ltd
Profit_before_taxes of FCM Bank Ltd
Market Share of FCM Bank Ltd
Total Assets (2018)
57.00 mln EUR  (-18.57%)
Profit before Taxes (2018)
-3,640,000.00 EUR  (+264.00%)
Number of Employees (2017)
11 

FCM Bank Ltd is the 17th largest bank in Malta in terms of total assets. In 2018 its total assets were 57,00 mln EUR, providing the bank with the market share of 0.20%. In 2018 the bank's profit before taxes was -3,64 mln EUR. FCM Bank Ltd had 11 employees in 2017.

Deposit Guarantee

Guarantee Fund
Depositor Compensation Scheme (DCS)Depositor Compensation Scheme (DCS)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Maltese and foreign)
legal entities (Maltese and foreign)
Covered Accounts
most types of deposits

FCM Bank Ltd participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. FCM Bank Ltd is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.

Contacts

Aragon House, Business Centre, Dragonara Road,, STJ 3140, St. Julians, Malta
(+356) 80073737

FCM Bank Ltd is headquartered in St. Julians.

Social Networks

FCM Bank Ltd has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
FCMFMTMT
LEI
213800ZOI1EW481WPV90
MFI ID
MTCIFCMB

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See Also

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