The first of its kind GIDBanks Hub will take a scientific approach to Marketing Franklin Forbes Fund worldwide.
June 29, 2006 (Press Release) --
Louis Roman, GIDBanks, Chief Executive Officer commented: "Glacier International Depository Bank is the first financial institution in Spain to offer Franklin Forbes fund through our worlwide licensing program with the Global FranTech Group". He outlines how GIDBanks Europe targets will evolved to the new fund of funds operations of GIDBanks and Affiliate Insurance companies. Now GIDBanks is one of the new heads of European distribution for Franklin Forbes through its "Global Cash Management" banking platform.
Richard C. Schmitz, President, Blackwood Management / Franklin Forbes, said "We chose GIDBanks becuase of their global expansion plans into Europe, Asia and South America with the GIDBank licensing program through Global FranTech Group who has a tremendous geographic reach and proven track record establishing licensing agreements".
This GIDBanks Euro-acceptability will be well accepted for a bank who hopes to exploit the continent's movement towards open architecture in order to sell Franklin Forbes funds through its new license GIDBanks "Global Cash Management" banking platform.
About Blackwood Management
Before founding Blackwood Management, President, Dick Schmitz ran the funds operations of Manulife Financial and Hansch Brothers Financial Services. But it was with Blackwood Management which he founded during his development of structured financial product Franklin Forbes, targeting European financial institutions and private swiss banks from Luxembourg during the late-90s, that he developed his distribution network.
The GIDBanks targets are predominantly the fund of funds operations of European financial institutes, private swiss banks and insurance companies. Mr Schmitz plans to double the $,500,000,000.00 in Franklin Forbes's cross-border range through these new GIDBank licensing and corespondent relations worldwide over the next three years.
About Global FranTech Group
FranTech is a worldwide company that consist of core partners surrounded by interlocking networks of consultants and affiliates in key banking countries and diciplines.They have over thirty five years of experience with their proven FranTech global partners. In addition,FranTech has a proven track records in assembling, negotiating and consumating trade, licensing, franchising, tecnologigal transfer and financial agreements in 220 countries; They pool strenths drawn from experience in international banking, securities, and trade policey, insurance, law, marketing investment banking and technology research. This broad expertise, coupled with access to key Government and business decesion makers, provides global services uniquely valuable to GIDBank and Franklin Forbes in restructuring global economy.GidBank and Franklin Forbes is pleased to commence a strong working relationship with Global FranTech Group, and FranTech Asia.
About GIDBank New Global opportunities
Mr Roman remains very enthusiastic about GIDBank Spain, which is soon to be leading in the process of repealing tax rules discriminating against foreign funds in global markets.
Richard C. Schmitz, President, Blackwood Management / Franklin Forbes, said "We chose GIDBanks becuase of their global expansion plans into Europe, Asia and South America with the GIDBank licensing program through Global FranTech Group who has a tremendous geographic reach and proven track record establishing licensing agreements".
This GIDBanks Euro-acceptability will be well accepted for a bank who hopes to exploit the continent's movement towards open architecture in order to sell Franklin Forbes funds through its new license GIDBanks "Global Cash Management" banking platform.
About Blackwood Management
Before founding Blackwood Management, President, Dick Schmitz ran the funds operations of Manulife Financial and Hansch Brothers Financial Services. But it was with Blackwood Management which he founded during his development of structured financial product Franklin Forbes, targeting European financial institutions and private swiss banks from Luxembourg during the late-90s, that he developed his distribution network.
The GIDBanks targets are predominantly the fund of funds operations of European financial institutes, private swiss banks and insurance companies. Mr Schmitz plans to double the $,500,000,000.00 in Franklin Forbes's cross-border range through these new GIDBank licensing and corespondent relations worldwide over the next three years.
About Global FranTech Group
FranTech is a worldwide company that consist of core partners surrounded by interlocking networks of consultants and affiliates in key banking countries and diciplines.They have over thirty five years of experience with their proven FranTech global partners. In addition,FranTech has a proven track records in assembling, negotiating and consumating trade, licensing, franchising, tecnologigal transfer and financial agreements in 220 countries; They pool strenths drawn from experience in international banking, securities, and trade policey, insurance, law, marketing investment banking and technology research. This broad expertise, coupled with access to key Government and business decesion makers, provides global services uniquely valuable to GIDBank and Franklin Forbes in restructuring global economy.GidBank and Franklin Forbes is pleased to commence a strong working relationship with Global FranTech Group, and FranTech Asia.
About GIDBank New Global opportunities
Mr Roman remains very enthusiastic about GIDBank Spain, which is soon to be leading in the process of repealing tax rules discriminating against foreign funds in global markets.
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