THE long-running auction of London Forfaiting has come to a head today as the trade finance house agreed a £30.9m cash offer from a Maltese buyer, FIMBank. Maltese-listed FIMBank is offering 29.5p a ...
Forfaiting: The alternative approach to export trade finance In many markets, buyers are likely to put more emphasis on cash flow rather than cash price. This is particularly true in emerging ...
Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Michael Boyle is an experienced financial professional with more ...
Thanks to new technology that improves information flow, traditional trade finance tools such as forfaiting are now being used more frequently as part of a broader supply chain finance program. The ...
The construction boom in the region and the growing volume of trade in capital goods such as construction equipment, heavy machinery and manufactured items through the country is expected to benefit ...
Tottenham could receive all the money owed to them by Real Madrid for Gareth Bale at one fell swoop because of a complex five bank operation and a financial transaction known as forfaiting. According ...
London forfaiting, the financial services group that has been up for sale since September last year, said it had agreed a near £31m offer from FIMBank. FIMBank, a trade finance bank listed on the ...
25 November 2007 National Bank of Dubai (NBD), an Emirates NBD company, and FIMBank plc, the Malta-based trade finance institution, today announced that MENA Factors Limited, a joint venture between ...
The weak central London office market has found an unlikely casualty in London Forfaiting. The company has been forced to take a GBP1.75m provision after failing to sub-let vacant space at its St ...
Lorna Pillow, First Vice President at London Forfaiting Company Limited (LFC), a wholly owned subsidiary of FIMBank plc, has been unanimously co-opted to the Board of the International Forfaiting ...