Partners & Members

LFC has strong and consolidated ties with various entitles within the Trade Finance Industry

Part of:

FIMBank Group

FIMBank p.l.c. is a leading provider of trade finance, factoring and forfaiting solutions, with a global presence in various important financial and trading centres. The FIMBank Group saw its beginning in 1994, with the establishment of First International Merchant Bank Ltd, which commenced operations in 1995 and acquired full control of LFC in 2003. The year 2013 saw Burgan Bank K.P.S.C. and United Gulf Bank BSC, two highly reputable financial institutions forming part of the Kuwaiti conglomerate KIPCO Group, acquiring an 80 per cent stake in FIMBank. Subsequently the stake has been increased to 89%.

Part of:

KIPCO Group

LFC is 100% owned by FIMbank p.l.c. and it is ultimately part of the KIPCO Group, BBB rated investment holding with over $33Bln of AUM and majority owned by members of the Kuwaiti ruling family. LFC’s board of directors include the chairman and the treasurer of Burgan Bank Kuwait, A+ rated and part of the KIPCO Group.

Member of:

ITFA

Founded in 1999, The International Trade and Forfaiting Association, ITFA, previously known as IFA, is the worldwide trade association for companies, financial institutions and intermediaries engaged in trade and forfaiting. LFC is one of the ITFA’s founding members and it has representatives in the ITFA Executive Board.

Partner of:

Loan Market Association

Established in 1996, the Loan Market Association (LMA) has as its key objective improving liquidity, efficiency and transparency in the primary and secondary syndicated loan markets in Europe, the Middle East and Africa (EMEA). The association counts over 700 organisations covering in excess of 60 nationalities, comprising commercial and investment banks, institutional investors, law firms, service providers and rating agencies.

Partner of:

UKEF

Founded in 1919, UK Export Finance is the operating name of the Export Credits Guarantee Department, the United Kingdom’s export credit agency. Its purpose is to complement the private market by providing assistance to UK exporters, principally in the form of insurance and guarantees to banks. As UK registered company, LFC is proud to be a partner of UK Export Finance.