MIG Bank opens shop in Hong Kong

A Swiss online forex trader has opened a brick-and-mortar office in Hong Kong.

The representative office of MIG Bank is a first step in the bank’s plan to grow in the strategically important Asian region. The representative office will market the bank's services in Hong Kong and function as a liaison between the bank and its local customers.

MIG Bank is an online forex broker based in Neuchatel, Switzerland that claims to be the largest Swiss bank specializing in online forex and contracts for difference (CFDs) trading services for private and institutional clients.

Hisham Mansour, MIG Bank Chief Executive Officer said the bank is delighted to be opening a representative office in Asia.

“It will help to facilitate smoother communications with Asia-based clients and business partners in their own languages and time zones and, we will also be able to offer assistance to the Asia account management team in Switzerland. This is an exciting first step in our planned geographical expansion.”

MIG Bank is regulated and supervised by the Swiss Financial Market Supervisory Authority or FINMA, the regulator of Swiss financial markets, and is ISO certified for Quality Management & Information Technology Security Standards (9001 and 27001).