FTC is a Holding Company who controls different Companies active in the Banking and Finance market, real estate, project financing and Securities sectors.
We operates with particolar succes in financial trading, underwriting and Buy/Sell on MTN, Bond.
Holding company, a company who owns enough voting stock in one or more other companies to exercise control over them. A corporation who exists solely for this purpose is called a pure holding company, while one that also engages in a business of its own is called a holding-operating company.
An holding company typically owns a majority of stock in a subsidiary, but if ownership of the remaining shares is widely diffused, even minority ownership may be sufficent to give the holding company control.
An holding company provides a way to concentrate the control of several companies with a minimum amount of investment. The use of a holding company is legally simpler and less expensive than other means of gaining control of another company, such as merger or consolidation.
An holding company is able to reap the benefits of a subsidiary’s goodwill and reputation, yet its liability is limited to the part of the subsidiary’s stock who owns. These and other factors make holding companies an effective form of organization on both national and international levels. The parent company in a conglomerate corporation is usually an holding company, but FTC is much more than this!