Banif Bank (Malta) plc’s strategic plan for the next year was presented to managers at the bank’s fifth annual managers’ meeting at the Malta Chamber of Commerce and Industry in Valletta recently.

The event is an annual appointment that the bank’s executive management keeps with the team, in the presence of directors, and serves as an evaluation exercise of the bank’s past performance, and as a platform for sharing the organisation’s corporate plan for the year.

The meeting was introduced by chairman Joseph Sammut who outlined the bank’s five years of achievements. Banif is now an established and trusted brand despite the challenging economic scenario and strong competition. Banif has experienced rapid growth and a significant market share, owing much, among others, to a dedicated workforce that drives its operations.

“We are greatly satisfied with the results we have achieved,” chief executive officer Joaquim F. Silva Pinto told the managers. “The next step is to capitalise on this very encouraging growth rate and aspire for more, while using the bank’s vision as a rule book.”

Keynote speeches were delivered by the bank’s chief officers who each gave a review of their areas of operations, followed by an outline of the strategic initiatives for the year. The bank’s customer-centric strategy is based on high quality service, innovative products and services portfolio and a strong infrastructure, while the focus is to improve efficiency and create effective value.