FIMBank plc will be the first financial institution to move into ‘The Exchange’ – the recently launched Financial and Business Centre forming part of the Pender Ville development based in St Julian’s. FIMBank will be relocating its global head office to a block of 8,000 square metres of office and commercial space within the business centre by the end of 2011.
During the signing of the agreement, Margrith Lütschg-Emmenegger, FIMBank President said “Since its inception FIMBank has strived to create value and widen economic activity in its host country. By moving to ‘The Exchange’, we will position ourselves within a modern working environment enabling us to continue providing the highest standards of service. Investing in our people, in the latest technology and in modern functional premises is the only way to succeed in the global marketplace. We are an environmentally aware organisation and want a sustainable Headquarters that reflects the values and culture of the FIMBank Group”.
“Our new head office will enable us to consolidate our excellent reputation as a specialist trade finance player in emerging markets. We are proud of our global presence spanning over four continents, with offices and business undertakings in some of the leading financial centres. These will shortly be supported by our new strategic head office at ‘The Exchange’.”
Edmund Gatt Baldacchino, Chairman of Pender Ville Ltd said that “The Exchange is set to become Malta’s high profile Financial and Business Centre combining location, convenience and accessibility with a modern custom designed working environment with all amenities immediately at hand. We want to create a working environment with a difference”
“The Exchange is a dedicated centre that will reflect Malta’s profile as an ever growing leading regional, European and international financial services hub. Our strategy for The Exchange is based on financial services as the fastest growing sector of the Maltese economy and on the Government’s aim to establish Malta as a regional financial services hub by 2015.”
Contributing directly to Malta’s undersupplied ‘custom made’ office market ‘The Exchange’ aims a creating a business centre which includes a mixed offer of retail, food and beverage and leisure outlets, that will be vibrant for 16 hours a day, with a positive spill over into the neighbouring area.