Bank of Valletta and the Malta Federation of Industry have signed a new three-year collaboration agreement through which the bank will retain its position as one of federation's official sponsoring partners.

The agreement will also bring about closer ties between the two parties through regular meetings between the bank's economics unit and representatives of the FOI.

The agreement was signed by Alan Cassar, executive head of sales at Bank of Valletta, and Anton Borg, president of the FOI.

Mr Cassar described the agreement as being a further commitment by the bank to support the business community and to play an active role in the country's economic development.

Mr Borg said under the agreement, FOI members may avail themselves of a financial package that the bank has tailor- made for them, offering benefits on products including personal and corporate cards.

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