Mediterranean Bank Network - Member Information and Annual Reports


Bank of Valletta * - Malta

Member since 1996

The Bank of Valletta Group is a leading financial services provider in Malta, providing retail banking, investment banking, private banking, fund management, bancassurance, stockbroking and trustee services. In 2012, its balance sheet was worth over €7 billion in assets and it employed over 1,600 people.

In addition to traditional banking services, BOV is constantly evolving its product portfolio to include new financial products and new services such as its award-winning mobile banking. It ensures additional convenience and efficiency by offering 24/7 options via internet, mobile and telephone, and its customer service centre is open round the clock.

BOV also issues bank cards under the Visa and MasterCard brands (including prepaid cards for the latter) and distributes American Express international currency cards in Malta.

Domestic operations include a national network of 44 branches with a comprehensive suite of ATMs, including drive-through kiosks.

The Group has an International Corporate Centre which handles corporate accounts (international trading companies, international holding companies and companies registered in international jurisdictions) and Business Centres catering for its business clients. Its Investment Centres and Wealth Management arm provide tailor-made services for those wishing to invest.

A well-developed worldwide network of correspondent banks provides BOV with the necessary backbone to service its customers in international banking and trade transactions.

The Group also has representative offices in Australia (Melbourne), Italy (Milan), Belgium (Brussels) and Libya (Tripoli). These fulfill different roles, ranging from corporate and business relationship services to Maltese and foreign companies with a presence in the region, to assessing market opportunities such as funding and trade finance.

The Group has a number of subsidiaries and associates:

  • Valletta Fund Management Ltd is a strategic alliance with Insight Investment Management Holdings (Malta) Ltd, one of UK's largest asset managers and a member of the BNY Mellon Asset Management Company. Through VFM, Bank of Valletta has positioned itself as a leading provider of investment funds in Malta, offering investors a range of high quality investment products with access to the domestic and international money, bond, equity and property markets.
  • Valletta Fund Services Ltd provides a comprehensive range of fund administration services reflected in a client range which includes both local and international fund promoters.
  • The Group also has an associated company, Middlesea Insurance plc, and a jointly controlled entity, MSV Life plc.

Bank of Valletta is listed on the Malta Stock Exchange.

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