The Malta Independent 16 April 2024, Tuesday
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Fexserv Financial Services celebrates 20 years of operations in Malta

Thursday, 30 July 2015, 09:07 Last update: about 10 years ago

Couvre Porte in Birgu was recently the setting for the celebration by Fexserv Financial Services on the 20th anniversary since setting up their operations in Malta two decades ago this summer.

The recently restored Couvre Porte, itself a gateway into the historic city of Vittoriosa, was chosen since it symbolises the ideal venue for a company which today acts as a modern-day  gateway to the ever expanding financial services industry in Malta.

Besides a multitude of local guests, made up from clients, agents and staff members, a number of representatives from the foreign partners of Fexserv were present to mark this milestone.

As the evening progressed and drew to an end the time came for recalling the achievements of the organisation through a video presentation and short commemorative speeches from one of the company directors Pa Nolan and the chairman of Fexserv Tony Zahra.

Mr Nolan recalled the early days when he came to Malta together with another colleague from Fexco in Ireland in 1995 to help set up Fexco Malta and assist in the knowledge transfer process to Maltese employees. He then went on to thank the customers and staff for their loyalty throughout the years.

Mr Zahra also recalled the early memories and took the opportunity to thank his fellow directors for their sterling support in directing the company to what it is today. He stated that financial services is now one of the main pillars of the economy and is looking brightly to the future that this industry can have in Malta. He concluded by hinting that Fexserv will early next year be launching a very exciting new financial service in Malta through which Fexserv will be doubling its present staff compliment.

Set up as Fexco Malta Ltd in 1995 and rebranded to Fexserv Financial Services Ltd in 2010 the company has today grown into one of Malta's leading specialised financial services companies offering  foreign exchange services including  its landmark product  Fexserv Travel Money with more than 100 currencies available, inward and outward bank payments through its correspondent bank Deutsche Bank, and remittance payment service through its agency agreement with Western Union which today is serviced through 66 locations including all Maltapost branches.

The Fexserv organisation in Malta also encompasses Fexserv Investment Services, the unique gifting solution through the One4all Gift Voucher, Fund administration services and Bastion Wealth Fund Management. 
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