Bank Of Valletta plc

BOV Centre, Triq il-Kbira, Sliema

+356 2131 2020

+356 2131 2020

Bank of Valletta p.l.c. is a public limited company constituted and regulated in Malta. The Bank is licensed to conduct investment services business and to act as a trustee by the Malta Financial Services Authority. Bank of Valletta p.l.c. is enrolled as a tied insurance intermediary of MSV Life p.l.c. regulated by the Malta Financial Services Authority.

BOV was formed in 1974 following an agreement between the Government of Malta and the Malta Development Corporation.  BOV took over the assets and liabilities of the National Bank of Malta Ltd that formed part of a group the origins of which date back to 1809.  In 1992, BOV became the first public company to be listed on the Malta Stock Exchange at which time 51.2% of BOV’s equity was held by the Government of Malta, 14.56% was held by Banco di Sicilia S.p.A. and the remaining 34.23% was in the hands of the general public.  In 1995, the Government offered 12,000,000 shares to the public, thereby reducing its shareholding in BOV to 25.23%.  In June 2006, Capitalia S.p.A. took over the 14.56% stake in BOV from Banco di Sicilia S.p.A.  On the 1st October 2007, Capitalia S.p.A. was merged with UniCredito Italiano S.p.A. by way of incorporation.  Presently, UniCredit S.p.A. is the other major shareholder with 14.45% stake in BOV.

The Bank's financial services are offered through a network of 44 branches and agencies in Malta and Gozo, and through a number of subsidiaries. It has also developed a worldwide network of correspondent banks and has opened representative offices in Australia, Belgium, Italy, and Libya. Through these networks, the Bank has built the necessary backbone to service its customers in international banking and trade transactions. 

Bank of Valletta is currently rated BBB+ by the international rating agency Fitch. Furthermore, the Bank has in place a risk management system in accordance with the Basel Agreement.