|By ACN Newswire||
|March 13, 2014 07:23 AM EDT||
Symbian Bank SA in Syndication with Wakabayshi Fund LLC (Tokyo, Japan) expands loan Facilities and Investment to North and South America with USD 17 Billion under Management
Kiev, UKRAINE, Mar 13, 2014 - (ACN Newswire) - Symbian Bank SA announced today that it closed a $35 Million USD M&A Facility for Mentor Capital Inc., a California, USA based financial services and investment company currently focusing on the Legal Cannabis Market, a new market created by changes in legal restrictions and regulations regarding Cannabis.
Symbian CEO Vladimir Leschenko stated today, "This new market is growing fast and will reach tens of billions of dollars within the next several years."
"In particular we decided to grant Mentor Capital Inc., trading as MNTR in the USA, a M&A facility due to the enormous growth in this new market and the potential for further significant near term growth."
Mr. Leschenko further stated that, "Symbian Bank plans to increase its participation in this new market and in particular, to support the robust M&A program currently underway at Mentor Capital Inc."
Symbian Bank SA is a private bank based in Sumy, Ukraine.
Wakabayashi Fund LLC is a Private Mutual Fund based in Tokyo, Japan.
Mentor Capital (US:MNTR) is a California Based Investment Company.
About Symbian Bank SA
Symbian Bank SA is strategically positioned to support clients with Project Finance, Trade Finance, Bridge Loans, Securities Finance (REPO), Investment Banking Services, Low Risk Investment Products and Solutions, Portfolio Management and other Financial Services drawing on our unique position of liquidity and stability.
Stakeholders are primarily East Asian and OPEC Member State Residents, where wealth consolidation, after the downturn of western financial markets, has contributed to considerable liquidity which requires quality investment options in order to maintain bank funds in a positive growth environment.
Symbian Bank is one of the worlds leading Sharia Compliant Investment Banks and Private Equity Management Institutions. For more information, please visit www.symbianbank.com.
Symbian Bank SA
Mr. Vladimir Leschenko CEO
This press release was issued through EmailWire.com (www.emailwire.com), a global newswire with press release distribution services.
Source: Symbian Bank SA
Copyright 2014 ACN Newswire. All rights reserved.
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