The promotions came into effect immediately, back-dated to between 1990 and 1992, which is when the employees suffered the injustice.
Manwel Rizzo was awarded an additional sum of Lm1,000 for having also been given unjustified transfers to various branches of the bank during this period.
The court was presided over by Mr Justice Farrugia Sacco and the Bank of Valletta employees were assisted by Dr Anglu Farrugia.