The Malta Independent 3 May 2024, Friday
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BOV Widens investment advisory services from its branches

Malta Independent Friday, 16 March 2007, 00:00 Last update: about 11 years ago

“Through the deployment of financial advisors to all our branches, our customers can today benefit from investment advice on local and foreign securities through each and every BOV branch.” This was stated by Igino Xuereb, chief officer operations at Bank of Valletta when he was presenting certificates to 16 additional Financial Advisors and five Financial Planning Managers at the BOV Centre. Following an advanced training course, these BOV employees have gained MFSA authorisation to provide independent investment advice on a wider range of instruments including shares, bonds, debentures, debenture stock and overseas quoted shares amongst others.

Addressing the new financial advisors and financial planning managers, Mr Xuereb stressed the importance that Bank of Valletta attaches to its advisory and stockbroking services.

“Over the past years, we have worked to consistently increase the number of financial advisors deployed within our branch network. It was always our aim to be able to provide an added value service to our customers wishing to transact in equities and bonds directly from our branches. Today, we are delighted to have reached an important target with all Bank of Valletta branches having the full capability of doubling up as BOV share-shops thanks to the deployment of additional qualified and certified staff to our front line,” explained Mr Xuereb.

“As a result, from each of our branches, we can now provide our customers with all the professional services they would need when it comes to financial advice in relation to stocks and shares on both local and foreign markets,” he added.

Mr Xuereb praised the high level of expertise of Bank of Valletta’s financial advisory team. “We are also pleased that a number of our financial advisors are now in position to visit customers at their own home or office with the aim of offering investment services on a more personal level. A second group of trainees are also currently undergoing training within the same areas of expertise, and we are confident that we will be in a position to continue to widen our service offering in the near future,” concluded Mr Xuereb.

Also present for the presentation were Anthony Camilleri – Chief Officer Financial Markets and Investments, Joseph M. Camilleri – Executive Head Wealth Management and Simon Azzopardi – Head Wealth Management.

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