Bank of Valletta and the Institute of Financial Services Practitioners (IFSP) have signed a strategic agreement aimed at strengthening Malta’s financial services sector through enhanced skills development, knowledge sharing and professional collaboration.
The agreement was formally endorsed by BOV CEO Kenneth Farrugia and IFSP President Nick Captur, and will see the two organisations working together on joint initiatives designed to support financial services professionals and organisations operating in Malta.
According to the statement issued, the partnership seeks to enhance competencies across the sector, ensuring practitioners are better equipped to respond to evolving regulatory requirements and changing market conditions. Areas of focus include professional training, industry engagement and the promotion of best practices.
BOV stated that the collaboration aligns with its broader commitment to supporting excellence and innovation within Malta’s financial services ecosystem, particularly at a time when the industry is facing increasing complexity and regulatory scrutiny.
From IFSP’s perspective, the agreement reflects the importance of collaboration between key stakeholders to reinforce the sector’s resilience and competitiveness. As part of the partnership, the two entities will also collaborate on initiatives promoting good governance, including the launch of the IFSP Directors Chapter.
Gozo cargo ship can cut traffic and Ċirkewwa queues, say business groups
'A much needed investment'
Inbound tourism reaches nearly 3.8 million visitors in first 11 months of 2025
Inbound tourist arrivals were estimated at 304,620 in November alone
Farmhouse once used by 1798 Maltese rebellion leader goes on sale for €2.5m
It once served as the headquarters of Vincenzo Borg, one of the leaders in the Maltese uprising against the French