MIG BANK Increases its Share Capital to CHF 45 Mio

MIG BANK Increases its Share Capital to CHF 45 Mio

  • Posted Monday, May 30, 2011 -
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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.

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