


Bank of Valletta downgraded by S&P over cyberattack and international litigation
Standard & Poor’s lowers BOV’s ratings over cyberattack event and various litigation cases
Standard & Poor’s lowers BOV’s ratings...

Government says finances for first half of 2019 in line with targets
The Finance Ministry said that government expenditure in the first half of the...
The Finance Ministry said that government expenditure in...

JobsinMalta celebrates third anniversary and continued growth
Jobsinmalta.com announced that the number of clients advertising on its website...
Jobsinmalta.com announced that the number of clients...

We need to be seen by one and all as fighting money laundering, Commerce Chamber says
The Malta Chamber of Commerce said that the doubts cast on financial services sector must be cleared decisively
The Malta Chamber of Commerce said that the doubts cast on...

Updated | After Swedish pensions headache, Bank of Valletta to stop custodian services
With some €4 billion in assets under Bank of Valletta’s custodianship, the bank sends out warning that it will no longer oversee funds for its...
With some €4 billion in assets under Bank of...

Italian bank that holds BOV shareholding is in for major restructuring
Unicredit, which holds a 14% stake in Bank of Valletta, is reported to be planning a major restructuring of its business by year’s end
Unicredit, which holds a 14% stake in Bank of Valletta, is...

Hili Ventures launches €80 million bond for acquisition of Comino Hotel
Comino Hotel valued at over €55 million, to be acquired by Hili Ventures for development into luxury hotel and upmarket bungalows
Comino Hotel valued at over €55 million, to be...

Difficult banks causing businesses to reconsider Malta investment, GRTU warns
GRTU meets with Prime Minister Joseph Muscat to discuss what they describe as an 'unprecedented' banking situation
GRTU meets with Prime Minister Joseph Muscat to discuss...

Bank of Valletta holding 158 individuals liable for lost Falcon Funds savings
Bank of Valletta has filed a judicial letter saying it will hold 158 individuals and companies responsible for any losses the bank might incur after millions...
Bank of Valletta has filed a judicial letter saying it will...

Fitch upgrades Malta’s economic rating outlook to positive
Credit rating agency Fitch attributed the upgrade to Malta’s robust...
Credit rating agency Fitch attributed the upgrade to...

Maltese financial services sector registers 9.5% growth
Financial services now employ 12,000, and is one of the highest-contributors to...
Financial services now employ 12,000, and is one of the...

Qatar Airways celebrates Malta route opening in style
Qatar Airways CEO Akbar Al Baker says the airline has gone from strength to...
Qatar Airways CEO Akbar Al Baker says the airline has gone...

MFSA recruits American experts to boost financial crime team
The financial services regulator has set up a specialised financial crime team...
The financial services regulator has set up a specialised...
![[WATCH] Updated | Bank of Valletta to lose US dollar transactions provider by December](http://content.maltatoday.com.mt/ui_frontend/thumbnail/300/0/3_bank_of_valletta.jpg)
[WATCH] Updated | Bank of Valletta to lose US dollar transactions provider by December
Dutch multinational bank ING will terminate its correspondent banking relationship with BOV on 14 December 2019
Dutch multinational bank ING will terminate its...

Water Services Corporation wins European Water Governance Prize
The Water Services Corporation CEO Richard Bilocca said that Malta...
The Water Services Corporation CEO Richard Bilocca...

De La Rue sells International Identity Solutions business
HID Corporation Limited will acquire De La Rue’s international identity...
HID Corporation Limited will acquire De La Rue’s...

Malta Freeport hosts first LNG-powered container ship
The gas-powered vessel is one of four CMA CGM has put into service
The gas-powered vessel is one of four CMA CGM has put into...

Piracy is costing Malta €100 million a year
An EU report estimates that around 468,000 jobs were lost in the legitimate...
An EU report estimates that around 468,000 jobs were lost...