Issue link: https://maltatoday.uberflip.com/i/396532
Events 40 maltatoday, Sunday, 12 OctOber 2014 FIMBank targets Spanish factoring market FIMBank, the Malta-based trade fi- nance specialist, has entered into a Cooperation Agreement with MAS Factoring For Growth S.L. in Spain in order to support the offering of services to exporters from Spain. Commenting on this development, FIMBank President Margrith Lüt- schg Emmenegger explained that the Spanish export market, espe- cially that of Catalonia, is one of the most dynamic economic areas, "af- fording important opportunities for growth, and constantly in search of innovative financing opportunities and innovative means of mitigating business risks". She highlighted the fact that in 2013, the volume of in- ternational factoring in Spain rose by 20% to €13,687 million. Lütschg Emmenegger added that "the value offering is therefore an attractive one which is being explored through this cooperation agreement." For his part, Adrian Hewitt at MAS Factoring stated, "this is an excel- lent opportunity for both MAS Fac- toring and FIMBank to take advan- tage of the significant potential in a market niche that has not been fully explored by most Spanish financial institutions, and where there is clear demand for the combined offering and a disposition to accept appro- priate pricing structures". Elaborating on the Catalonian market, Adrian Hewitt said that in 2013, this region reached an all-time record for the number of exporting businesses, approximately 49,000, which generated €58,000 million in revenues. He added that just in the last decade, the number of export- ers has increased by more than 75%. "Catalonia is one of the autonomous regions with the highest export fig- ures in Spain and the trends of recent years clearly demonstrate a greater appetite for export when compared to the rest of the country". For information about the FIMBank Group please visit www.fimbank.com. Frank Salt takes up main sponsorship of the Phoenix Basketball Club Kellogg's surprises Voices concert attendees with new Special K Granola snacks In its constant endeavours to sup- port local sports associations, Frank Salt Real Estate have confirmed their sponsorship of the Phoenix Basketball Club for the upcoming season 2014/15. Phoenix Basketball is part of Phoenix Sports Club, one of the largest sports entities in Malta with sports ranging from Basketball to Handball, Volleyball and newly introduced Table Tennis. Frank Salt Real Estate will be supporting Phoenix's senior men team who will be competing officially in local basketball leagues as Phoenix Frank Salt Real Estate. The collaboration between Frank Salt and Phoenix Basketball will also be extended to the develop- ment of the club's basketball nurs- ery. Club President, Orlando Bon- nici, thanked Frank Salt Real Estate for their support, as without the investment from such an organisa- tion, sports would have a bleak fu- ture in Malta. Frank Salt's sponsorship with Phoenix Basketball Club reflects the company's commitment to play a greater role in Malta's sports arena and follows, its sponsorship of the Sliema ASC Waterpolo Club for the second consecutive year. In July, the company also supported a Kayaking Marathon which saw two dedicated kayakers paddle their way to Sicily and back, in aid of charity. "Sports activity is an extremely important element of any society. Besides keeping you fit and healthy, it also fosters teamwork, enthu- siasm and dedication, which are common values in the real estate field and the lives of real estate pro- fessionals" stated Managing Direc- tor Joseph Lupi. "We also encourage and sup- port our own consultants to take up a sport and are proud to host a good number of candidates who are actively involved in various disci- plines, including waterpolo, athlet- ics, cycling, football, kayaking and basketball. "Clayton Balzan, Property Con- sultant at our Marsascala branch also plays with Phoenix Frank Salt Real Estate. We look forward to see- ing the players sport our company logo on their club gear." For more information about Phoe- nix Sports Club and their nurseries, visit www.psc.com.mt More than 6,500 Kellogg's Special K Granola portion packs were distrib- uted by smiling hostesses prior to the shows of Voices Heart and Soul held at the Mediterranean Conference Centre. This is part of Kellogg's ongo- ing campaign to increase awareness about the importance of a healthy breakfast and nutritious snacks. The new Kellogg's Special K Grano- la is a low fat cereal with a delicious five-grain recipe and two juicy fruit varieties, raisins and red apples, that provide an excellent start of the day or a snack option. Voices is a staple charity event in the Maltese cultural calendar which sees spectacular vocal interpretations of renowned names in the local music industry as well as others less known. From classical to pop and rock tunes, Voices is a non-profit organisation that aims to raise money for charitable and worthy caus- es. Voices has contributed over one million Euros in the past to various local and international charities such as the Hospice Movement, Eden Foundation, Caritas, YMCA, Dar tal-Providenza, UNICEF and Amnesty In- ternational amongst many others. More information about Voices can be accessed by visiting http://voices.org.mt/ GasanMamo reopens its upgraded branch in Sliema The GasanMamo branch in Sliema has been reopened following a ma- jor refurbishment and is the latest of a series of investments that the company is making in its operations to further enhance their customer's experience. The Sliema branch, one of the first GasanMamo branches in Malta now offers an enhanced layout which fea- tures new office spaces together with the very latest technology and an upgraded IT system. "The newly re- furbished branch is now even better equipped to serve our clients more efficiently," said Mark Mamo, Gen- eral Manager at GasanMamo Insur- ance. "We want to make sure that our clients enjoy the experience when they visit one of our outlets." To celebrate the newly opened branch we also gave our customers a nice treat. The Sliema branch situated at Il-Pjazzetta, Tower Road offers con- tinuous service from Monday to Fri- day between 8.00am to 12.30pm and 3.30pm to 7pm as well as on Saturday between 8.30am and 12.00pm and can be reached on +356 21 342 211. Joseph Lupi (right) confirmed Frank Salt's sponsorship of the Phoenix Basketball Club