Bank of Val­letta named Pre­ferred Part­ner of Val­letta 2018 Foun­da­tion

Malta Independent - - NEWS -

Bank of Val­letta has been named the Pre­ferred Part­ner of Val­letta 2018 Foun­da­tion, lead­ing up to the Euro­pean Cap­i­tal of Cul­ture in 2018.

The part­ner­ship was an­nounced dur­ing a brief cer­e­mony held at The House of The Four Winds in Val­letta and was ad­dressed by BOV chair­man Deo Scerri and Val­letta 2018 Foun­da­tion chair­man Ja­son Mi­callef. Also present for the oc­ca­sion were Deo De­bat­tista, Par­lia­men­tary Sec­re­tary for Con­sumer Pro­tec­tion and Val­letta2018 and Mr Mario Mal­lia, chief ex­ec­u­tive of­fi­cer of Bank of Val­letta.

Trac­ing the in­deli­ble links be­tween the ori­gins of the bank and the cap­i­tal city, Deo Scerri said: “The bank’s link with the cap­i­tal city goes be­yond the adop­tion of the name ‘Val­letta’ in ours. The pa­tron­age of arts and cul­ture, as well as sig­nif­i­cant con­ser­va­tion projects have been fea­tur­ing promi­nently in the bank’s com­mu­nity Pro­gramme for decades.” He said that the bank looked upon this role as in­te­gral to its com­mit­ment to­wards the com­mu­nity, as was its re­spon­si­bil­ity to con­tinue grow­ing sus­tain­ably and sup­port­ing the local econ­omy and key play­ers to grow. In this re­gard, Mr Scerri also made ref­er­ence to the bank’s de­ci­sion to strengthen its cap­i­tal­i­sa­tion fur­ther by is­su­ing a rights is­sue of €150 mil­lion over the com­ing months. “The ro­bust­ness of our or­gan­i­sa­tion is the en­abler that per­mits us to come to the fore and sup­port Val­letta 2018 Foun­da­tion as it hosts the Euro­pean Cap­i­tal of Cul­ture in Malta.”

Thank­ing Bank of Val­letta for its sup­port, Mr Ja­son Mi­callef said: “We are de­lighted to have Bank of Val­letta as our part­ner through this jour­ney. As we get closer to 2018, the level of in­ter­est and par­tic­i­pa­tion in the ac­tiv­i­ties be­ing or­gan­ised con­tin­ues to grow. Our close col­lab­o­ra­tion with the gov­ern­ment, pub­lic au­thor­i­ties and the pri­vate sec­tor is aimed to pro­long the pos­i­tive ef­fect and hav­ing a long-last­ing legacy for Euro­pean Cap­i­tal of Cul­ture 2018 and be­yond.

Newspapers in English

Newspapers from Malta

© PressReader. All rights reserved.