YOUR BANK IN MALTA
Our history
Learn how we became the people's bank of Malta and a proud pillar of the community.
Our history
1974
BOV is founded
Bank of Valletta is officially formed following an agreement between the Government of Malta and the Malta Development Corporation.
1980
First ATMs are installed
BOV installs the first ATMs on the islands of Malta and Gozo.
BOV shares go public
The government offers 12,000,000 shares to the public, reducing the government’s shareholding in BOV to 25.23%. Now, the general public own the majority of shares at 60.22%.
2000
Internet banking is launched
BOV’s launches the island’s first internet banking platform, allowing users to check their balance and make transfers online.
BOV named bank of systematic importance
BOV is first bank to be deemed of systematic importance for Malta (CEBS criteria required sample of 50% of national banking sector in terms of total assets).
2010
Mobile banking and payments app becomes operational
BOV launches the first mobile banking and payments app on the island, allowing users to perform a number of banking and payment operations on their mobile devices.
BOV at €1 billion
Following an Extraordinary General Meeting (EGM), BOV’s authorised share capital increases from €500 million to €1 billion, by which time the issued share capital remained the same.
Payments able to be made with wearable technology
BOV launches technology allowing users to pay with their wearable devices.
Public shares reach almost 65%
Following the issue of bonus shares, share capital is now held as follows: 25% government of Malta, 10.20% UniCredit S.p.A. and 64.80% the general public.
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