Bank of Valletta names Kenneth Farrugia as next CEO

September 15, 2022
by Helena Grech

He takes over from Rick Hunkin who had served in the top role for between 2020 and 2022

‘We had to be firm this time round’ – Central Bank governor Edward Scicluna on ECB interest rate hike

September 12, 2022
by Robert Fenech

The European Central Bank has revised its inflation forecast for the year upwards

Malta’s banks promise to work ‘hand in hand’ with Government on business’ right to a bank account

August 25, 2022
by Helena Grech

Private enterprise and local banks have been at loggerheads in recent years over the service provided by the latter

Hunt for new CEO ‘still ongoing’, says BOV chairman

August 22, 2022
by Robert Fenech

Current BOV CEO Rick Hunkin’s term is due to expire in November

Bank of Valletta withdraws high-balance fee for business customers

August 10, 2022
by Robert Fenech

Changes in the interest rate environment are being reflected in the bank’s pricing and business strategy

Deiulemar case settlement sees BOV register pre-tax loss of €77 million in first half of 2022

July 28, 2022
by Helena Grech

When excluding the impact of the court settlement from BOV’s books, it registered a pre-tax profit of €26.1m

Revolut once again accepting new users from Malta after month-long suspension

July 18, 2022
by Robert Fenech

The company did not provide a reason for either decision

Local banks doing their ‘utmost’ for solution to online banking messaging bug

July 15, 2022
by Robert Fenech

Since users are not notified of the system failure, it is difficult to know how widespread the issue is

BOV reports ‘technical issues’ with ATM deposits and mobile-to-mobile payments

June 30, 2022
by Helena Grech

Third party payments effected through internet or mobile banking will be processed at a later stage

‘Some’ banks ‘may’ begin to ease restrictions on payments to or from Malta post removal from grey list

June 21, 2022
by Robert Fenech

BOV cautioned against a relaxation of the high compliance standards achieved by the country's financial sector

Incoming change will make banks’ challenges ‘even harder’ – MFSA chief banking supervisor

June 20, 2022
by Robert Fenech

More rigorous stress testing will become more important as uncertainties multiply

Revolut suspends new registrations from Malta

June 16, 2022
by Robert Fenech

The support team is telling new users that Revolut ‘no longer supports Malta’

No more easy money: The era of quantitative easing is over, says European Central Bank

June 9, 2022
by Robert Fenech

Rising inflation cannot be ignored

Court decries Satabank’s ‘arrogance’, but reduces another FIAU-imposed fine

June 1, 2022
by Robert Fenech

The fine was imposed for failure to reply to requests on time and for supplying incomplete and incorrect information

BOV non-committal on reasons behind network outage

June 1, 2022
by Robert Fenech

A bank spokesperson declined to give any information about the incident

Bank of Valletta names Kenneth Farrugia as next CEO

September 15, 2022
by Helena Grech

He takes over from Rick Hunkin who had served in the top role for between 2020 and 2022

‘We had to be firm this time round’ – Central Bank governor Edward Scicluna on ECB interest rate hike

September 12, 2022
by Robert Fenech

The European Central Bank has revised its inflation forecast for the year upwards

Malta’s banks promise to work ‘hand in hand’ with Government on business’ right to a bank account

August 25, 2022
by Helena Grech

Private enterprise and local banks have been at loggerheads in recent years over the service provided by the latter

Hunt for new CEO ‘still ongoing’, says BOV chairman

August 22, 2022
by Robert Fenech

Current BOV CEO Rick Hunkin’s term is due to expire in November

Bank of Valletta withdraws high-balance fee for business customers

August 10, 2022
by Robert Fenech

Changes in the interest rate environment are being reflected in the bank’s pricing and business strategy

Deiulemar case settlement sees BOV register pre-tax loss of €77 million in first half of 2022

July 28, 2022
by Helena Grech

When excluding the impact of the court settlement from BOV’s books, it registered a pre-tax profit of €26.1m

Revolut once again accepting new users from Malta after month-long suspension

July 18, 2022
by Robert Fenech

The company did not provide a reason for either decision

Local banks doing their ‘utmost’ for solution to online banking messaging bug

July 15, 2022
by Robert Fenech

Since users are not notified of the system failure, it is difficult to know how widespread the issue is

BOV reports ‘technical issues’ with ATM deposits and mobile-to-mobile payments

June 30, 2022
by Helena Grech

Third party payments effected through internet or mobile banking will be processed at a later stage

‘Some’ banks ‘may’ begin to ease restrictions on payments to or from Malta post removal from grey list

June 21, 2022
by Robert Fenech

BOV cautioned against a relaxation of the high compliance standards achieved by the country's financial sector

Incoming change will make banks’ challenges ‘even harder’ – MFSA chief banking supervisor

June 20, 2022
by Robert Fenech

More rigorous stress testing will become more important as uncertainties multiply

Revolut suspends new registrations from Malta

June 16, 2022
by Robert Fenech

The support team is telling new users that Revolut ‘no longer supports Malta’

No more easy money: The era of quantitative easing is over, says European Central Bank

June 9, 2022
by Robert Fenech

Rising inflation cannot be ignored

Court decries Satabank’s ‘arrogance’, but reduces another FIAU-imposed fine

June 1, 2022
by Robert Fenech

The fine was imposed for failure to reply to requests on time and for supplying incomplete and incorrect information

BOV non-committal on reasons behind network outage

June 1, 2022
by Robert Fenech

A bank spokesperson declined to give any information about the incident