MIG BANK Increases its Share Capital to CHF 45 Mio
Following Solid 2010 Business Results The current capital
increase to CHF 45 Mio followed the solid results and business
growth experienced in 2010, which was a year of success in all
aspects for the bank. MIG has entered 2010 with a banking status,
which strengthened the confidence of clients leading to an increase
in the number of institutional clients, private clients and
business partners. Other key contributors to the growth in business
during 2010 included: -The introduction of spot Gold and Silver
-New currency pairs -New account currency denominations -Major
improvements in the IT infrastructure allowing order execution in
milliseconds -The launch of mobile and web trading platforms
-Dealing improvements through automated execution at best market
price with price improvements. Trading volumes at MIG BANK rose by
44% in and number of accounts grew by 50% from 2009 to 2010.