FIMBank plc

 (3.2; 5 ratings)
3.2 5
Business Focus
trade finance

FIMBank (before 2003 - First International Merchant Bank) started operations in 1995; in 2001 its shares were listed on the Malta Stock Exchange. FIMBank plc is headquartered in St. Julian’s is a member of one of the biggest diversified holding companies in the Middle East, the KIPCO Group. FIMBank specializes in provider trade finance, factoring and forfaiting solutions, with a global presence in various important financial and trading centres.

Products and Services

Services
retail banking
corporate banking
Area Served
Malta
Germany
Spain
Products
credit cards
trade finance
factoring
forfaiting

Financials

Total Assets (2018)
1,612.86 mln USD  (+15.75%)
Profit before Taxes (2017)
10.00 mln EUR  (+100.00%)
Number of Employees (2017)
417  (+7.75%)

In 2018 total assets of FIMBank plc were 1 612,86 mln USD. In 2017 the bank's profit before taxes was 10,00 mln EUR. FIMBank plc had 417 employees in 2017.

Credit Ratings

Fitch: BB
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

FIMBank plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB (speculative).

Deposit Guarantee

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

FIMBank plc 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. FIMBank plc is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.

Member of Group

 KIPCO Group (Kuwait)

FIMBank plc is a member of KIPCO Group (Kuwait).

Contacts

Mercury Tower, The Exchange Financial & Business Centre, Elia Zammit Street, St. Julians STJ 3155, STJ 3155, St. Julians, Malta
0035621322100
0035621322122

FIMBank plc is headquartered in St. Julians.

Bank Identifiers

BIC (SWIFT)
FIMBMTM3XXX
LEI
529900Q2C3I7VCILLG45
MFI ID
MTCIFIMB

Similar Banks

FCM Bank Ltd
retail banking
Ferratum Bank plc
retail and SME banking
HSBC Bank Malta p.l.c.
universal banking
IIG Bank (Malta) LTD
private and corporate banking