Banking

Raiffeisen Malta Bank appoints MD

Mar 12th, 2010 | By maltainc | Category: Banking

Raiffeisen Malta Bank has appointed Anthony C. Schembri and Christoph Rattasits as managing directors of the bank.
Mr Schembri acquired the warrant of accountant in 1991 and graduated with a Masters Degree in Financial Services from the University of Malta in 2000. He has been employed with the bank since 1997 and has previously occupied the [...]



Malta’s largest ever corporate issue over-subscribed

Mar 12th, 2010 | By maltainc | Category: Banking

Bank of Valletta plc’s €50 million 4.80 per cent subordinated bonds offer was over-subscribed on Monday. The offer closed within hours of opening on Monday morning.
The bank said that in view of the strong demand, the €20 million over-allotment policy will be exercised in full.
BoV’s offer was the largest ever corporate issue to be launched in [...]



Malta's largest ever corporate issue over-subscribed

Mar 12th, 2010 | By maltainc | Category: Banking

Bank of Valletta plc’s €50 million 4.80 per cent subordinated bonds offer was over-subscribed on Monday. The offer closed within hours of opening on Monday morning.
The bank said that in view of the strong demand, the €20 million over-allotment policy will be exercised in full.
BoV’s offer was the largest ever corporate issue to be launched in [...]



Portfolio, investment management seminar for BoV financial advisors

Mar 12th, 2010 | By maltainc | Category: Banking

Investment management techniques and portfolio management came under the spotlight at a one-day Bank of Valletta seminar for its financial advisors.
Participants were exposed to various investment management techniques that serve to instigate a more insightful understanding of portfolio management.
The seminar included an interactive “bourse hame”, where participants were grouped in teams and provided with a
fictitious client profile [...]



Malta to lend €120 million to IMF

Feb 25th, 2010 | By maltainc | Category: Banking

The Central Bank of Malta is to provide €120 million to the International Monetary Fund, it was announced on Friday.
The agreement is part of a commitment made by the EU in March 2009 to contribute up to €75 billion to support the IMF’s lending capacity. Apart from Malta, the IMF has also concluded agreements with [...]



HSBC to open flagship Premier branch this year

Feb 5th, 2010 | By maltainc | Category: Banking

HSBC Bank Malta is to open a flagship Premier branch this year according to the high-end proposition’s new group-wide blueprint, Andy Ripley, the bank’s head of personal financial services told The Times Business.
The new look for HSBC Premier in Malta is part of a wider local investment plan encompassing the bank’s branch and ATM network.
Describing Premier as [...]