Following a virtual Annual General Meeting held earlier during this month, BOV Shareholders had the opportunity to attend a physical Information Session with the Bank’s Directors and Executive Committee members.

During the meeting, Bank of Valletta Chairman, Dr Gordon Cordina said that the Bank’s management felt the need that once the restrictions related to the pandemic were released, the time was right to maintain this face-to-face meeting and thus re-establish the physical contact that had been lost in the past two years.

The Information Session served the bank to provide information on the latest developments affecting the Bank’s operations, including the case of litigation in an Italian Court with Deiulemar’s creditors which has been closed off by means of an out-of-court settlement. The Bank’s chairman stressed on the need for the Bank to return to more sustained profitability levels. This should lead to the redistribution of a dividend to shareholders in the near future.

 

 

Issued by Bank of Valletta p.l.c., 58, Triq San Zakkarija, Il-Belt Valletta VLT 1130.  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 in terms of the Banking Act (Cap. 371 of the Laws of Malta).

 

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