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Bank of Valletta strengthens ties with French Business Community
23 Nov 2020

Bank of Valletta has continued to strengthen its ties with the French Business Community by renewing its collaboration agreement with the Maltese-French Chamber.

The formal agreement was signed by Kenneth Farrugia, Chief Business Development Officer on behalf of Bank of Valletta and Joseph Bugeja, President of the Chamber.

The Maltese-French Chamber of Commerce cooperates with organisations and constituted bodies in the two countries with the principal aim of promoting and developing commercial, industrial and tourist exchanges between Malta and France.

‘The Maltese French Chamber of Commerce’s wide communication network between the two countries is the perfect launching pad for Malta to benefit from business opportunities that exist between Malta and France,’ said the Chamber President. With over 100 members and 30 years of experience, the Chamber has assisted business transactions between the two countries which have seen a substantial increase year-on-year, building new bridges and consolidating synergies.’

‘Bank of Valletta has always strived to be the partner of choice for the local business community and to assist its members by providing easy access to their finances and efficient payments solutions,’ said Mr Farrugia. ‘The Bank is embarking on an extensive digitalization strategy to continue to provide better real-time digital services at the click of a button.’

‘Technology is fundamentally changing the finance and commerce ecosystem and this pandemic has clearly shifted the pace of development. High end tech enabled solutions that improve traditional transaction methods and financial services have become the norm. As a result, customers tend to evaluate financial institutions on the service experience they offer’ continued Mr Farrugia. ‘With this in mind, Bank of Valletta is investing heavily in its systems architecture and in further enhancing and deepening the skills of its human resources to provide its customers with the digital experience that they have come to expect and deserve’. 

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Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).