Bank of Valletta and the Malta Chamber of Commerce and Enterprise have signed a three-year agreement that will see both entities pool their resources and know-how for the benefit of the local business community.

The agreement was signed by Tonio Depasquale, chief executive officer at Bank of Valletta and Victor A. Galea, president of the Malta Chamber of Commerce and Enterprise.

“Bank of Valletta is delighted to enter into this new agreement with the Malta Chamber of Commerce and Enterprise,” said Mr Depasquale. “We are hereby strengthening and consolidating our close working relationship with the chamber, underlining our appreciation of the chamber’s national mission and role to promote enterprise and growth to the benefit of all its members”.

Mr Depasquale added, “As Malta’s largest bank with a strong presence in every sector of the Maltese economy, we believe that our business alliance with the Malta Chamber of Commerce and Enterprise will deliver mutual benefit to the stakeholders of our respective organisations.”

Mr Depasquale announced that the new agreement entered into between BOV and the Chamber includes new areas of co-operation and will see the Bank deploying its expertise and resources to further support the local business community. “This is an agreement that underlines the Bank’s resolve to play a leading and supportive role within Malta’s business community and we are looking forward to this new level of collaboration,” concluded Mr Depasquale.

Mr Galea said, “The Chamber is proud to have Bank of Valletta as a Collaborating Partner. This is evidence of the standing the Chamber has garnered over the last years. The extension of this agreement shows the importance of Bank of Valletta associating itself with a leading business organisation on the island”.

Founded in 1848, the Malta Chamber of Commerce and Enterprise builds on its long tradition with dynamism and a forward-looking approach, at the forefront of technology and of developments in the business environment which it seeks to exploit to the advantage of its members, the business community and the nation at large.