BNF Bank plc has completed the issuance of 26,483,051 new shares in BNF Bank plc, representing an increase in equity capital of €20,000,000. This capital injection underpins the shareholders’ continuous commitment towards growing the bank’s presence in Malta.
“The increase in share capital reflects our re-energised vision of growing BNF Bank’s market share, towards building a new future,” said Michael Collis, BNF Bank chief executive officer and managing director.
“With this opportunity, we aim to attract a larger customer base which will spur further growth. Moreover, this investment should be perceived by our customers as adding greater financial security with a strong commitment to offer new and innovative products and services.”
BNF Bank plc is a credit institution licensed to undertake the business of banking by the MFSA in terms of the Banking Act 1994.