“FIMBank’s 25th anniversary is a strong message in itself. The bank has developed a reputation for trustworthiness and reliability, as we continue building strong banking relationships with our clients in over 50 countries,” said Murali Subramanian, CEO of the FIMBank Group.

“It is a significant milestone for FIMBank, a clear indication of the Group’s ability to adapt to changing circumstances. We are pleased to be in a position where we can celebrate our long-term successes, whilst looking forward to the future with optimism, as we continue to build on our solid foundations.” Mr Subramanian added. 

The group commenced its operations back in 1994. In 2001, its shares were listed on the Malta Stock Exchange (MSE) and in 2003 the bank started its international network expansion growing in London, Dubai, Cairo and India, as the press release says.

The post FIMBank celebrates 25th anniversary first appeared on The Malta Business Weekly.

“Malta is an important hub for us to connect to the European markets. This year marks a significant milestone for us. Over the year, in Malta, we have been working closely with legal and compliance experts, and local authorities to prompt the development of OKMSX,” said Andy Cheung, Head of Operations of OKEx.

“This joint venture marks our confidence in the Maltese government as well as our commitment to providing an efficient, secure, and transparent blockchain trading environment to clients worldwide. We are excited as it is finally happening in 2020,” he added.

“Backed by the strong support from the Maltese government, the Delta Summit is one of the world’s most important blockchain events. We look forward to bringing in more insightful discussions and sharing our upcoming plans with the world during the conference,” Mr Cheung continued.

OKEx has been collaborating with MSX since 2018, the digital and fintech arm of Malta Stock Exchange Holdings, in order to launch OKMSX, which is an institutional-grade exchange for security tokens in support of the “Blockchain Island” initiative in Malta. After one year of preparation time, the new exchange is at the final stage of development and the launch is expected in Q1 2020, according to the press release sent to BM.

The Delta Summit tech week will bring together players from tech industries, including sectors of blockchain, cryptocurrency, artificial intelligence (AI) and internet of things (IoT), among many others.

Malta has shown a welcoming attitude for emerging technology startups, which seek a base for innovations and presenting their ideas to the world.

The post OKEx celebrates anniversary in Malta, readies launching OKMSX first appeared on The Malta Business Weekly.