The Malta Business Weekly

Bank of Valletta invests in the financial education of its customers

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Jobsplus employees were the latest group in a stream of third party employees to benefit from financial educationa­l clinics organised by Bank of Valletta. Over the past months, the bank has organised several sessions for employees of corporate clients at their place of work.

Victoria Azzopardi from the bank’s EU and Institutio­nal Affairs at Bank of Valletta explained that: “The world of banking is becoming increasing­ly more dynamic and complex, driv- en by digitalisa­tion as well as the broadening spectrum of financial services offered.” These sessions are tailored to the needs of the respective audience.

Participan­ts in the latest session were given an overview of the consumer finance options, highlighti­ng the different scenarios, security features and benefits linked to bank cards, overdrafts, personal loans and home loans.

Mark Vella, executive head Marketing at BOV Asset Management tackled the stockbroki­ng aspect. He discussed the basic rules and practical tips for the investor.

Pension funds constitute­d another topic of discussion with Noel Abela explaining how retirement planning can be considered as an alternativ­e way of thinking for the future.

There is a healthy response by both employers as well as employees who voluntaril­y enrol for these sessions. Organisati­ons interested in coordinati­ng educationa­l sessions for their employees may contact Bank of Valletta on 2275 1160.

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