Fiduciam has been selected as one of the three finalists for the “Equality Employer of the Year” award by Financial Reporter, together with Lloyds Banking Group and Hope Capital. In total there were 1,100 applications for the Women’s Recognition Awards across all categories.
Fiduciam has a team that is almost entirely fifty-fifty men and women with 21 male and 20 female employees.
Currently, women comprise 16% of Fiduciam’s senior management team, but with a number of very successful females in the firm, women will constitute at least a third of its management team within 18 months.
Johan Groothaert, CEO of Fiduciam says, “We believe that diversity and inclusiveness in our workplace are conducive to a successful and dynamic business environment. Women in Finance Charter is a fundamentally important initiative to broaden the diversity of financial services companies across the UK. The more companies sign up to initiatives such as these, the more it influences other firms to do the same thing, providing better career opportunities for women but also a better outcome for society as a whole.”
Fiduciam has granted a €5.7 million loan to enable a borrower to acquire a new office building and extend their portfolio in the Netherlands.
Since the opening of Fiduciam’s Dutch branch office over a year ago, they are seeing demand for their loan product.
The main banks in the country continue to reduce their commercial real estate loan books, which means there is demand that cannot be satisfied by traditional mainstream lenders. Fiduciam is filling this void, offering lower interest rates than the other alternative lenders in this sector.
For the first time ever, Fiduciam’s monthly loan origination in Spain surpassed the €10 million mark. As a basis for comparison, Fiduciam originated €20 million of loans in Spain in all of 2018. Fiduciam has also set a record in delivery time, it completed a €5.5 million loan to finance the development of 2 luxury villas In Marbella in only three business days after receiving the valuation.
Fiduciam once again proves its efficient and tailored approach by completing a €3m cross-border transaction secured against a French vineyard, including 77,422 bottles of wine and 2631 hectolitres of wine in barrels as security. The complex deal involved five jurisdictions and required a specialist RICS surveyor to assess the value of the wine.
