The Malta Independent on Sunday
Finantia Malta Ltd at SmartCity Malta
Finantia Malta Limited, a subsidiary of Banco Finantia Group has set up operations at SmartCity Malta. Banco Finantia Group is an international banking group with extensive experience and leading positions in key market niches particularly in the private banking and corporate and investment banking sector. Over the years the Group has received various awards, most notably the Euromoney awards for “Best Securities Firm”, “Best Smaller Bank in Western Europe”, and “Best Smaller Investment Bank in the World”.
Commenting about the Malta operation, the head of Finantia Malta, António Salgueiro said: “At the current stage Finantia Malta mainly holds investments on securities purchased from Group companies and subject to repurchase agreements. However, the Group is considering enhancing its activities in Malta.”
Mr Salgueiro added, “The group has been operating in Malta for over 12 years, during which time it has established a good understanding of the country, culture and business environment. Being an EU member state with a robust legal and financial services infrastructure, a stable economic and political set-up and a multilingual environment has made Malta an extremely attractive jurisdiction. Furthermore at SmartCity Malta we found a business park which is supported by a well-balanced integration of technology and services which adequately meets our needs and concerns. Additionally, the entire project will offer a self-sustained township with open green spaces and sea views, making the location quite attractive.”