The FIMBank Group has once more expanded its worldwide geographical positioning and filled one more gap in its global trade finance map by becoming an authorised firm in Dubai. The Malta based trade finance bank reported that the Dubai Financial Services Authority has granted FIMBank a licence to operate an as authorised firm in the prestigious Dubai International Financial Centre, DIFC.

In its strive for excellence in its services and diversification of its operations, FIMBank’s strategy for the Middle East and North Africa region reflects the group’s stated mission to become a prime supplier of first-class, comprehensive but tailor-made trade finance solutions.

FIMBank joins other prominent financial institutions such as ABN Amro, Barclays Bank, Citigroup, Credit Suisse and Deutsche Bank AG to name a few.

The office in the DIFC will enable FIMBank to market its products in the United Arab Emirates and neighbouring regions, offering clients advice on the diversified range of products from the simple discounting of trade receivables to more complex commodity-related and back-to-back structures.