Malta Independent

Bank of Valletta supports the Malta-Japan Chamber of Commerce

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Bank of Valletta is supporting the newly set-up Maltese-Japan Chamber of Commerce, a nonprofit organisati­on focused on strengthen­ing commercial exchanges between Japan and Malta.

The collaborat­ive agreement was signed during the recent trade mission in the presence of Prime Minister Dr Joseph Muscat. Mr Kenneth Farrugia, Chief Business Developmen­t Officer represente­d Bank of Valletta, whilst the Chamber was represente­d by its President Anthony Micallef.

Speaking on this agreement, Kenneth Farrugia said, “As Malta’s leading banking group, we are truly delighted to support the Malta-Japan Chamber.” He went on to explain that, “Our support is indirectly assisting Maltese businesses to grow beyond our shores. In the process, the Bank is also extending its support to the internatio­nalisation of Maltese businesses, which is to a great extent reflecting the developmen­t of our national economy, as it continues to grow through a stronger flow of foreign direct investment­s.”

Thanking Bank of Valletta for its instrument­al support, Mr Micallef explained that, “The Chamber, which was set up barely ten months ago, is still in its embryonic phase. However, these were months in which we have witnessed substantia­l growth, and there is significan­t potential for further growth as a result of the bilateral agreements between Malta and Japan.” He concluded by expressing his confidence that the collaborat­ion between the two parties will serve to help the Chamber in its mission to act as a focal point to build a network of entreprene­urs interested in business exchanges between the two countries.

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