BOV steps up support for Malta’s high-flying aviation industry
Valletta, Malta – Thursday, 16 April 2026 — Aviation Malta and Bank of Valletta (BOV) today co-hosted a high-level business breakfast at The Phoenicia Malta, bringing together industry leaders, investors, and corporate stakeholders to explore Malta’s competitive advantages and the evolving landscape of specialised business banking.
BOV steps up support for Malta’s high-flying aviation industry
Valletta, Malta – Thursday, 16 April 2026 — Aviation Malta and Bank of Valletta (BOV) today co-hosted a high-level business breakfast at The Phoenicia Malta, bringing together industry leaders, investors, and corporate stakeholders to explore Malta’s competitive advantages and the evolving landscape of specialised business banking.
Aviation Malta was set up in 2019, and plays a key role in the sector’s growth and development, helping Malta emerge as a popular hub for aviation and business.
The event was opened by Kenneth Farrugia, Chief Executive Officer of BOV, who set the tone for the morning by highlighting Malta’s continued economic resilience, the important role of the aviation sector within the national economy, and the bank’s commitment to supporting business growth through tailored financial solutions.
A presentation was delivered by Aldo Scardino, responsible for BOV’s international corporate banking function as well as Specialised Business Banking, who outlined the strategic objectives underpinning the Bank’s specialised business banking proposition.
The session focused on four key pillars:
Positioning Malta as a Business Destination: Attendees were presented with an overview of Malta’s strong economic fundamentals, strategic geographic location, and stable regulatory framework, reinforcing its attractiveness for international investment and business expansion.
Banking System and Regulatory Environment: Participants gained insights into Malta’s well-capitalised and highly regulated banking sector, operating within the European Central Bank framework, ensuring stability, transparency, and compliance with international standards.
Why Bank of Valletta: The presentation highlighted BOV’s role as Malta’s leading banking institution, emphasising its robust financial performance, strong capital position, and long-standing market leadership as a trusted partner for businesses.
BOV as a Strategic Banking Partner: The session concluded with a focus on how BOV supports businesses through specialised banking services, sector expertise, and a relationship-driven approach designed to meet the evolving needs of both local and international clients in the aviation industry.
Kenneth Farrugia highlighted aviation’s key role in Malta’s economic resilience and growth, noting Bank of Valletta’s commitment to supporting the sector with targeted financial solutions. He emphasised that Malta's location offers opportunities in both aviation and maritime, which can be unlocked through collaboration. Farrugia concluded that coordinated development, as seen in financial services, would benefit all stakeholders.
Aldo Scardino noted that Malta is a strong, credible jurisdiction that competes well with top EU financial centres. He emphasised Bank of Valletta’s conservative, well-capitalised, and highly liquid business model, which supports long-term stability for international clients. Mr Scardino added that the bank views corporate service providers as key long-term partners in serving mutual clients.
The business breakfast forms part of ongoing collaborative efforts between Aviation Malta and Bank of Valletta to promote Malta as a premier hub for international business and investment, while strengthening engagement with key industry stakeholders.
