FIMBank plc – MENAFACTORS Limited – Transfer of Shareholding

FIMBank plc – MENAFACTORS Limited – Transfer of Shareholding

Today FIMBank p.l.c. announced that MENAFACTORS Limited, originally a joint venture between FIMBank plc and National Bank of Dubai, authorised and regulated by the Dubai Financial Services Authority (“DFSA”) to provide credit, arrange credit or deals in investments and advice on financial products or credit as well as forfaiting and factoring and operating from the Dubai International Financial Centre (“DIFC”), has with effect from 29th May 2008, become a fully owned subsidiary of FIMFactors B.V., a fully owned subsidiary of FIMBank Plc, incorporated in the Netherlands.

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