On Thursday, October 21st, 2010, at the event organized by LCI at the Four Seasons Hotel, Beirut, FIMBank p.l.c. and Banque Piguet & Cie S.A. participated in a joint presentation to address FIMBank’s trade finance activities as well as its private banking and asset management services in collaboration with Banque Piguet.

Mrs. Margrith Lutschg Emmenegger, President of FIMBank, and Mr. Chris Preston, CEO of Banque Piguet gave an overview of their respective activities and answered the questions of LCI’s clients. Mr. Karim Nasrallah, Managing Director of LCI, has announced during his presentation, the capital increase of LCI Factors which was recently renamed LEVANT Factors.

FIMBank is based in Malta and is listed on the stock exchange. It specializes in trade finance, factoring and forfeiting in high growth emerging markets.

Banque Piguet is a 150 year-old Swiss bank providing highly personalized and effective investment services.

LEVANT Factors is a fifty-fifty joint venture between The Lebanese Credit Insurer and FIMBank which offers a variety of factoring products in Lebanon and the Levant region as well.