FIMBank Group receives TFR gold medal awards

Aug. 12, 2014 - PRLog -- FIMBank plc has been awarded a gold medal for ‘Best Factoring Institution’ in this year’s TFR Excellence Awards. The award, which recognises leading performers in trade services, refers to FIMBank’s “continued excellence in delivering efficiency and quality to its customers”. Meanwhile, London Forfaiting Company Limited (LFC), another member of the FIMBank Group, was also presented with a gold medal for ‘Best Forfaiting Institution”. Both FIMBank plc and LFC have received TFR’s gold medal award for the third year running.

FIMBank Group President Margrith Lütschg-Emmenegger greeted the news of this latest accolade of FIMBank’s services with great satisfaction, stating that: “FIMBank aims to be at the forefront in the introduction and development of receivable finance techniques in emerging markets, and this award reflects the industry’s recognition of our achievements in the marketplace. We have built a solid reputation for providing tailor-made trade finance solutions that match our clients’ liquidity and risk management needs.” LFC’s Managing Director Simon Lay was equally pleased: “LFC has been engaged in export and trade finance since 1984, and this year we celebrate our 30th anniversary. As one of the earliest players in the market, LFC has always been at the forefront of developments in the forfaiting and trade finance services industry. We intend to  ensure that exporting, importing and bank clients alike continue to benefit from the experience and expertise garnered by LFC over the years.”

TFR is a leading international trade finance magazine, read by and featuring the market's key banks, credit insurers, corporates, traders, law firms, brokers and consultants. TFR award winners are voted for by TFR’s readers, with input from impartial members of the TFR advisory board. For further information about the FIMBank Group please visit www.fimbank.com.