Bank of Valletta names Kenneth Farrugia as next CEO
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
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
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
Current BOV CEO Rick Hunkin’s term is due to expire in November
Bank of Valletta withdraws high-balance fee for business customers
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
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
The company did not provide a reason for either decision
Local banks doing their ‘utmost’ for solution to online banking messaging bug
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
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
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
More rigorous stress testing will become more important as uncertainties multiply
Revolut suspends new registrations from Malta
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
Rising inflation cannot be ignored
Court decries Satabank’s ‘arrogance’, but reduces another FIAU-imposed fine
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
A bank spokesperson declined to give any information about the incident
Bank of Valletta names Kenneth Farrugia as next CEO
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
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
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
Current BOV CEO Rick Hunkin’s term is due to expire in November
Bank of Valletta withdraws high-balance fee for business customers
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
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
The company did not provide a reason for either decision
Local banks doing their ‘utmost’ for solution to online banking messaging bug
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
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
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
More rigorous stress testing will become more important as uncertainties multiply
Revolut suspends new registrations from Malta
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
Rising inflation cannot be ignored
Court decries Satabank’s ‘arrogance’, but reduces another FIAU-imposed fine
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
A bank spokesperson declined to give any information about the incident