Sparkasse opens doors to Maltese investors

Sparkasse Bank Malta has announced it can now offer a private banking service to Maltese customers at 64, Regent House, Bisazza Street, Sliema.

David Cauchi, general manager of the bank since its commencement of business in 2001, a banker from the UK with over 25 years' experience, said the bank has a team who are easily accessible to clients and provide products that are easy to understand and meet their specific needs.

The bank can provide a "boutique" service for clients with a minimum of ?50,000 to invest as well as tailor-made investment products complete with order processing, advice and asset management. In addition the bank also offers secure high yield bonds with a 100 per cent guarantee on the invested capital.

Other services available are money transmission including international payments as well as standard euro transfers at a special charge subject to conditions.

These services can be offered within the comfort of the parent bank, Sparkasse Schwaz, one of the leading financial institutions in western Austria which was founded in 1872. This bank runs a network of 13 branches in Tyrol and is a member of the Austrian Savings Bank Group, which together with 61 other savings banks is known to be one of Europe's foremost financial services group and has been in business for over 180 years.

The bank can offer genuine one-to-one service in which the client can be assured that a transaction is opened, dealt with and closed by the same individual. The team at Sparkasse is enthusiastic in making time for the individual while giving a professional service to develop and maintain a successful long-term relationship. Visit www.sparkasse-bank-malta.com to learn more about the bank and its services.

Mr Cauchi welcomes interested investors to visit the bank during an open office event on Friday from 9 a.m. to noon.