Bank of Valletta has clocked up its two millionth login on its BOV Mobile while the average BOV customer uses its app 12 times a month.

“Mobile banking gives us greater flexibility to serve our customers where and when they need us,” said Ivo Camilleri, executive head electronic banking, Bank of Valletta.

“The bank’s platforms and security layers are at the heart of all our technology, and have spearheaded the growth in consumer confidence in mobile banking services,” continued Mr Camilleri.

Alastair Bezzina from Mosta, the BOV customer who logged in for the two millionth time, was presented with an iPad Air by Camilleri (left) as recognition on this milestone.

BOV Mobile is available across a wide range of Apple iPhone and Android smartphones and tablets and can be accessed both locally and abroad using either 3G or WiFi. The BOV Mobile app is available free for download from the Apple App Store and from Google Play, formerly known as the Android Market.

French car maker Citroën rolls out its 300,000th DS 3

The 300,000th Citroen DS 3 has been rolled out from the Poissy site. The DS3 hatchback was the first DS model to be launched.

The DS 3 is available with a broad range of customisable features, in a two-tone version and in a personalised version with a choice of colours and interior design components. This production challenge was successfully met from the start by including personalisation in the heart of the manufacturing process.

The 300,000th model features the new light signature revealed last month, consisting of new lamps combining LED and Xenontechnologies with new sequential indicators.

It is powered by a BlueHDi 120 diesel engine mated to a six-speed gearbox and already compliant with the Euro 6 standard, for combined-cycle fuel consumption of 3.6 l/100 km and carbon dioxide emissions of 94 g/km.

Tumas to launch €25m bond

Tumas Investments is planning a €25 million bond, redeemable in 2024, which it hopes to list on the Malta Stock Exchange.

The bonds will be used to finance the redemption of the €25m 6.25 per cent bonds 2014-2016.

Holders of the maturing bonds will be given preference, and will be given their full allocation through the exchange offer.

The new bonds will have a nominal value of €100 and will be issued at €100 per bond. They will be guaranteed by Spinola Development Co. Ltd.

EY Malta restructures services

Following exception year-on-year increases in revenue, EY Malta has conducted a substantial organisational review and embarked on an ambitious plan: Vision 2020.

EY Malta has four service lines – transaction advisory services, advisory, assurance and tax – comprising 17 units, each with its own head.

Supporting the firm’s five partners, these heads have been empowered to to expand the client base. Among the key sectors at the cutting edge of the change are insurance, banking, asset management, financial crime, EU advisory, project finance and lead advisory.

Ronald Attard, country managing partner, said: “We have thought long and hard about this move and we are certain that it puts us on the right track to continue delivering the goods.

“This restructuring will mean that our clients, old and new, small and large, shall be receiving a suite of more streamlined, objective-driven and top-notch services.”

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