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August 31, 2016 MFC Brochure
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In March 2015, the Company announced its strategy to leverage its financing platform by offering additional trade and structured finance services and solutions, including regulated products, to its existing customer base.

As an integral part of its long-term strategy and focus on expanding its trade finance and solutions offerings, in the first quarter of 2016, the Company announced that it had acquired a licensed Western European bank. Through ownership of a licensed "in-house" bank, the Company is able to supplement its business with regulated banking services, including, among others, collateral-based lending to suppliers and customers, factoring, discounting and forfaiting of receivables and issuing guarantees. The back office of the bank will primarily be outsourced.

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