IBS Corporation Limited
IBS intends to establish a banking services platform with the ability to provide a range of financial services including investment banking, asset management, debt funding and insurance services aimed at corporate and high net worth clients.
The availability of investment banking, asset management and debt based and insurance services to New Zealand SMEs is less well developed than in international markets. IBS initially intends to target opportunities in this area, to providing debt funding and taking equity stakes in New Zealand SMEs with strong managements and business models with the potential for internationalisation. Target sectors include fintech, property and agriculture and fisheries. These services are intended be extended into other markets over time.
IBS is in the process of obtaining the necessary authorities from the New Zealand regulators to be able to conduct these services.