TIBOMThe International Bank of Miami NA
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As such, TIBOM has significantly reduced its international exposure and improved its risk profile.
Fitch notes that financial performance has declined for 2006 recognizing that this was a transitional year for the company, as TIBOM managed through the consent order and also shifted its business model.
TIBOM works primarily with commercial and institutional customers in both its lending and capital markets businesses, although much emphasis has been placed recently on developing its private banking business to meet the personal needs of many of its local business customers.