Tag: 2025
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Latest government finances bulletin confirms momentum in tax collection slowing down
The latest statistics by the Ministry of Finance as released by the NSO about the government’s finances confirm that the momentum in tax collection has continued to slow down in the third quarter of this year, after slowing down in the second quarter. Recurrent revenue rose by €169.6 million to €5.664 billion just 3.08% compared…
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Bank of Valletta’s results come out weaker than last year’s
Bank of Valletta’s results for the first nine months of this year have have come out weaker than last year as Bank announced a profit before tax of up to €192.1 million, 14% less than the €223.7 million it announced last year. It announced however that it has surpassed €16 billion in assets under its…
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Bank of Valletta’s profits for 2025 decline by 8.84% compared to first half of last year
In a recent company announcement, Bank of Valletta announced that from January to June of this year, the bank generated a profit before tax of up to €135.1 million, 8.84% less than the same period of last year of up to €148.2 million. However, customer’s deposits continued to grow up to €13.1 billion with the…
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Socialists around the world celebrate May Day
May Day unfolded with its usual mix of protests, riots, and political demonstrations around the world. Below are selected images and footage sourced from public sources. The 1st of May, known globally as Labour Day or May Day, is an official public holiday in most countries, with notable exceptions such as the United States, the…
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Bank of Valletta keeps posting good results: announces share buyback
Bank of Valletta (Group) continued posting good results as it announced its first quarter results yesterday afternoon stating it made a revenue of €67.1 million, 5.3% higher than the last year’s quarter. BOV Group’s balance sheet grew by 3.6% to €549 million. The bank has also announced a share buyback, but the buyback will be…
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APS Bank announces improving revenue but also increased costs in first quarter results of 2025
APS Bank has released its results for the first quarter of this year, indicating an uptick in revenues compared to the same period last year. Revenues and profits for the bank decreased in 2024 compared to 2023. The total revenue announced by the bank is at €32 million with €29.6 million in interest income, up to…
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President Metsola reflects on a year of change and unity; Outlines vision for 2025
The President of the European Parliament, Roberta Metsola, pledged to work toward a more prosperous, secure, and united Europe in her annual end-of-year address to welcome 2025. In an optimistic speech, Metsola reflected on the setbacks and achievements of 2024 while looking ahead to the opportunities and challenges of the coming year. For Metsola, 2024…