The donation was presented by Bank of Valletta chairman Joseph FX Zahra at the President’s palace in Valletta.

President Fenech Adami expressed his gratitude towards the Bank of Valletta and said that the Malta Community Chest Fund can only help those people who seek its assistance through such donations.

Mr Zahra said that the donation to the MCCF was the result of the generosity of BOV’s customers. “It is encouraging to see how the cents donated by customers through collection boxes at BOV branches add up to a considerable donation, which the Malta Community Chest Fund can use to help those who are most in need,” he said.

He also made special reference to the Cents for Charity scheme which the Bank operates. Through this scheme, customers agree to have the cents in their account balance automatically transferred to the Community Chest Fund’s account at the end of the year. Mr Zahra said that BOV again appeals to its customers to participate in Cents for Charity, making a donation for a maximum of 99 cents, once a year, in aid of the Malta Community Chest Fund.

The donation presented was the result of funds collected from boxes at BOV branches in aid of the Community Chest Fund since the last presentation in the year 2002.

It also included an amount of Lm2,000 representing funds collected through the Cents for Charity scheme as well as a further donation made by BOV.