Bank of Valletta
From Wikicompany
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Bank of Valletta is Malta's oldest bank and one of its largest.
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History
- 1809 William Higgins establishes the Anglo Maltese Bank.
- 1812 George Thomas Jackson establishes Banco di Malta. Biagio Tagliaferro, a Genoese merchant, shipowner and ship-chandler establishes B. Tagliaferro and Sons - forerunner of Tagliaffero Bank.
- 1830 The Scicluna family, also shipowners, establishes Joseph Scicluna et fils.
- 1926 Joseph Scicluna et fils becomes Sciclunas Bank.
- 1946 Anglo Maltese Bank and Banco di Malta merge to form the National Bank of Malta.
- 1949 Sciclunas Bank becomes affiliated to the National Bank to form the National Bank of Malta Group.
- 1969 B. Tagliaferro and Sons become part of the Group.
- 1973 National Bank Group faces a run on the bank. The Central Bank refuses to act as a lender of last resort and blocks Barclays and other banks from supporting the Group.
- 1974 The Maltese Government establishes Bank of Valletta (BV) to take over the business of the National Bank of Malta. BV sells 9.6% of its shares to the Maltese public.
- 1975 BV sells 20% of its share capital to Banco di Sicilia.
- 1976 BV acquires the National Bank Group's assets and liabilities
- 1987 BV opens an office in London.
- 1990 BV issues 4,900,000 ordinary �B� shares to the general public, which brings the public�s ownership to 28.2%.
- 1992 BV becomes the first public company to be listed and its shares quoted on the Malta Stock Exchange.
- 1993 BV establishes a representative office in Catania.
- 1994 BV establishes a representative office in Toronto.
- 1995 BV is privatized after Government sold 12,000,000 shares to the public, thus reducing its stake from 51.2% to 25.2%.
- 1996 BV establishes a representative office in Milan.
- 2000 BV opens a representative office in Tunisia and another in Libya.
Bank of Valletta also has a network of representative offices in Australia.
There has been some Nigerian spam emails claiming to use this bank's accounts.
News
- Bank of Valletta sponsors "Tribute to a Sea" - di-ve.com
- Basketball: Qormi retain Bank of Valletta Div. I KO - Malta Independent
- Bank of Valletta Premier League: The real thing starts this ... - Malta Independent
- Bank of Valletta First Division: Late goal saves Mqabba’s ... - Malta Independent
- Bank of Valletta First Division: St George’s consolidate ... - Malta Independent
- Bank of Valletta sponsors ‘Tribute to a Sea’ - Malta Independent
- Bank Of Valletta – Premier League: Poor Msida humiliated by ... - Malta Independent on Sunday
- Bank of Valletta Premier League (Championship Pool): Marsaxlokk ... - Malta Independent
- Innovative ceramic exhibition sponsored by Bank of Valletta - Malta Independent
- Bank of Valletta First Division: Precious points for lowly Lions - Malta Independent
- ... more news
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