Tag: BOV
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Bank of Valletta to allow 5%+ shareholding
At its upcoming Annual General Meeting, Bank of Valletta is expected to approve several important changes, including the appointment of two new directors, the continuation of its share buyback programme and changes to its shareholder structure. The bank is also proposing to remove the current 5% ownership limit, a move it says would improve liquidity…
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BOV continues its share buy-back programme: two new directors to be appointed
Earlier today, Bank of Valletta announced it is continuing with its share buyback programme. Shareholders originally approved the bank buying back up to 2,800,000 shares before the bonus issue, later adjusted to 3,060,000 shares, each with a nominal value of €1, at prices between €1.55 and €2.55 per share. If used in full at the…
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Watch: Joseph Muscat campaigns for Bank of Valletta Director James Grech
In more news from the Labour Party’s Banana Republic, the disgraced ex-Prime Minister Joseph Muscat is campaigning for a Labour Party election candidate who is also a board of director of Bank of Valletta. Joseph Muscat has featured heavily in the current election campaign and has endorsed a number of Labour Party candidates. The incident…
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Bank of Valletta emerges as the bank most exposed to risky clients
I have run all the articles of The Maltese Herald through two different chatbots to calculate which banks are most frequently mentioned as carrying the most risk through their politically exposed clients and clients with suspected criminal activity. The results show that, unequivocally and by a very wide margin, the Maltese bank carrying the most…
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BREAKING: The Labour Government is clamping down on the FIAU
The Maltese Herald has confirmed thanks to several sources that the ongoing campaign by the Police to sign MOUs with several entities is a conspiracy enacted by the government and supported by Police Commissioner Angelo Gafa to bypass the Financial Intelligence Analysis Unit. The government is executing an ongoing plan to clampdown on the FIAU after the…
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More useless agreements by Police Commissioner Angelo Gafa
Police Commissioner Angelo Gafa is wasting his time with a political campaign aimed at promoting him in the press by signing useless agreements with government entities and banks about crime reporting. Anyone who is in the risk-monitoring sector knows how pathetic and ridiculous this campaign is because banks already have very strict regulations on reporting…
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Bank of Valletta yet in the middle of another government scandal
Bank of Valletta was extensively used by the Joseph Muscat administrations as a facilitator to the government’s corruption such as in the case of Steward Health Care in which Bank of Valletta gave a €36 million to Steward. Its previous Chief Risk Officer, Miguel Borg, was fired over the incident and he was subsequently awarded…
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Bank of Valletta remained silent over €36 million “loan” by Steward Health Care
The Labour government and Prime Minister Robert Abela, have been repeating their reductive and banal talking-point in defence of Joseph Muscat’s corruption, that Steward Health Care never stole €400 million. This is a very puerile argument that suupposedly defends the extensive fraud and corruption over the public hospitals concessions. The Labour Party even made use…
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Bank of Valletta accumulates up to 0.076% of its own shares in total buybacks this year
Bank of Valletta has announced that it has accumulated up to 0.076% of its own shares this year with its share buyback programme. This was the first share buyback programme by the bank in many years. BOV purchased 488,450 shares at the price of of €1.8956 per share, for a total amount of €925.910. The…
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The Maltese Herald needs your critical support as the government tries to squeeze us out of the market
The Maltese Herald employs two journalists, and Dar Camilleri, its publisher, employs another additional employee. I am the founder and the single-owner of Dar Camilleri and The Maltese Herald and I am not an employee. I have built Dar Camilleri and The Maltese Herald out of passion for my country and we are based in…
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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 stock takes a beating after Unicredit halves stake but still in second place
Updated: The Times of Malta has just released an article reporting that Hili Ventures bought Unicredit’s stake of BOV. Read it here. BOV’s stock price has taken a beating after Unicredit halved its stake in the bank, pushing BOV further behind in the race for the place of the best performing stock of the year.…
