BOV named Best Bank in Malta

Bank of Valletta has been named Best Bank in Malta for 2014 by Global Finance.

“Winning this prestigious title gives us great satisfaction,” said Charles Borg, CEO of Bank of Valletta.

“It shows that we employ an excellent team that is dedicated, efficient and can step up to the challenge of competition. It is with pleasure that we note that the bank’s continuous efforts to provide a first class service to its customers – both through traditional as well as new alternative delivery channels using the latest technology – are being acknowledged even on an international level.”

The accolade of Best Bank is awarded by Global Finance’s editors after extensive consultations with corporate financial executives, bankers and analysts throughout the world. The award is based on performance and other criteria such as management excellence, growth in assets, profitability, strategic relationships, customer service, competitive pricing and innovative products.

Joseph Giarraputo, publisher and president of Global Finance, said: “With the recovery from the financial crisis moving along slowly, these banks have performed the best under very difficult conditions.”