BOV, Infocredit Group, and MACM Collaborate to Support Maltese Businesses
VALLETTA, Malta - April 8, 2022 - Bank of Valletta (BOV), Infocredit Group, and the Malta Association of Compliance Officers (MACM) have joined forces to provide innovative credit risk management and compliance solutions to the Maltese business community.
Enhancing Financial Stability and Growth
This strategic partnership aims to enhance the financial stability and growth of local businesses by offering tailored support services. The collaboration will also facilitate knowledge sharing and best practices in credit risk management, ensuring that Maltese companies remain competitive in a rapidly evolving market.
BOV Reports Strong 2021 Financial Results
VALLETTA, Malta - March 22, 2022 - Bank of Valletta has announced its strong financial results for 2021, despite the challenges faced by the industry. The bank’s performance was driven by its diversified business model and strategic investments in digitalization.
Key Highlights
- BOV’s solid financial position enables it to continue supporting local businesses and contributing to Malta’s economic growth.
- The bank remains committed to delivering excellent customer service and fostering a positive impact on the community.
Other News
Bank of Valletta Discusses Career Opportunities at KSU Career EXPO
BOV participated in the KSU Career EXPO, providing students with information about career opportunities within the banking sector.
Creditinfo Awarded License as Malta’s First Credit Bureau
Creditinfo has been granted a license to operate as Malta’s first credit bureau, offering a comprehensive platform for businesses to access credit information and manage risk.
Fitch Affirms A+ Malta Rating with Stable Outlook
Fitch Ratings has reaffirmed Malta’s long-term foreign-currency issuer default rating at A+, with a stable outlook. This reflects the country’s strong economic fundamentals and robust financial sector.
Industry Insights
Internal Governance: Focus on Gender Diversity and Balance in EBA Guidelines
Ganado Advocates highlights the importance of internal governance, emphasizing the need for gender diversity and balance in the European Banking Authority’s guidelines.
Embracing Digitization and Digital Payments
BOV and the Malta Chamber of Commerce discussed the benefits of embracing digitization and digital payments, emphasizing the importance of adapting to changing market trends.
BNF Bank News
BNF Bank Wins ‘Bank of the Year 2021’ Award for Second Consecutive Year
BNF Bank has been recognized as the “Bank of the Year 2021” by The Banker, marking its second consecutive year receiving this prestigious award.
Youth Entrepreneurship with a Human Goal - BOV Chairman
BOV’s chairman emphasized the importance of youth entrepreneurship and supporting local businesses, highlighting the bank’s commitment to fostering a positive impact on the community.
Stay Up-to-Date
Stay up-to-date with the latest news and developments from Malta’s financial sector. For more information, please visit our website or follow us on social media.