Mediterranean Bank opens Sliema branch

Mediterranean Bank, the rapidly growing Maltese Bank, specialising in savings, wealth management and investments has opened its first branch at 36A Tigné Seafront, Sliema.

The bank will initially offer its consumer banking services from the address and will in addition utilise the office to house its finance function under the leadership of Edward Jaccarini, the Bank’s CFO.

Ray Calleja, head of consumer banking, said: “We have been very pleased with the progress we have made since the beginning of the year with our savings and term deposit products. We hope that the Sliema branch will make us more accessible to our target market and bring us closer to our customers”

Mediterranean Bank’s holding company, Medifin Holding Limited, recently announced the acquisition of a majority interest in Charts Investment Management Service, the renowned local stockbroker, to supplement its wealth management offering. Mark Watson, CEO, said: “As we build our presence in the Maltese market we look forward to offering a broader product range to our growing client base delivered with the same level of service that we continue to build our reputation on. Sliema will be an important step in that direction”

Mediterranean Bank Sliema branch can be contacted on 2557 4444 for information, or email info@medbank.com.mt

Mediterranean Bank operates under the depositor compensation scheme established under the laws of Malta.

Mediterranean Bank Plc., is licensed by the Malta Financial Services Authority under the Banking Act (1994) and the Financial Services Act (1994).

Mediterranean Bank is based at 10 St Barbara Bastion, Valletta.

www.medbank.com.mt