Financial Services

Fitch Affirms BOV at 'A-', outlook stable

Jan 21st, 2010 | By maltainc | Category: Banking, Economics, Financial Services, Malta's competitive advantage, Services to facilitate business, Trade finance

Fitch Ratings has affirmed Bank of Valletta’s long-term issuer default rating at ‘A-’ with a stable outlook.
Fitch simultaneously affirmed BOV’s short-term IDR at ‘F2′, Individual Rating at ‘C’, Support Rating at ‘2′ and Support Rating Floor at ‘BBB+’.  Fitch said that the ratings reflected BOV’s conservative management, satisfactory liquidity and healthy capital ratios. They also factor in [...]



FIMBank wins 'Global Trade Review' award

Jan 5th, 2010 | By maltainc | Category: Back Office Services, Banking, Financial Services, Foreign Investment

FIMBank plc and London Forfaiting Company Ltd, two companies which form part of the FIMBank Group, emerged as winners in their respective categories in the Global Trade Review (GTR) [...]



IFS-Malta hosts the European Banking & Financial Services Training Association

Jan 5th, 2010 | By maltainc | Category: Back Office Services, Banking, Financial Services

The Institute of Financial Services – Malta recently hosted the European Banking and Financial Services Training Association (EBTN) [...]



Malta as a potential 'Bahrain in the Mediterranean'

Oct 23rd, 2009 | By maltainc | Category: Banking, Financial Services, Foreign Investment, Islamic Finance, Taxation

An international meeting on Islamic Finance held in Malta examined the main advantages of the country acting as a centre for Islamic Finance in the Mediterranean [...]
To view details of article at The Malta Business Weekly click here
To view details of article  http://www.maltabusinessweekly.com.mt/news.asp?newsitemid=7694international meeting on Islamic Finance held in Malta examined the main advantages of [...]



MFSP to represent York Oil & Gas Management Inc.

Oct 9th, 2009 | By maltainc | Category: Financial Services, Foreign Investment, Services to facilitate business

MFSP Financial has been appointed the local exclusive representative for York Oil & Gas Management Inc., specialists in working interest in the oil and gas industry in the United States.
York, based in Texas, the largest oil producing state in the US, is both a promoter of working interest and the operator company managing drilling projects [...]



KPMG Malta's income doubled since 2005

May 10th, 2009 | By maltainc | Category: Financial Services

KPMG Malta has doubled its fee income to €10.63 since 2005, according to the firm’s transparency report for 2008. This growth came about mainly through an influx of financial services and international business clients.
The EU’s Statutory Audit Directive, adopted in 2006, and recently incorporated into Maltese law, obliges firms auditing public interest entities to publish [...]