Bank of Valletta has signed three-year business agreements with the Federation of Industry and the Malta Hotels and Restaurants Association.

The agreements set out the parameters for wide ranging business strategic alliances between Bank of Valletta and these two important business organisations. By virtue of the agreements, BOV is also recognised as the Official Bank of the FOI and the MHRA for the next three years.

Tonio Depasquale, chief executive officer of Bank of Valletta, signed the agreements at BOV Centre in Sta Venera. The FOI was represented by its president, Adrian Bajada, and the MHRA by its incoming president Josef Formosa Gauci and Justin Zammit Tabona, the outgoing president. Also present were Wilfred Kenely, director general of the FOI and George Schembri, chief executive of MHRA.