The Malta Independent 1 June 2025, Sunday
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The Euro Bank At the Euro Village

Malta Independent Friday, 16 November 2007, 00:00 Last update: about 19 years ago

As the Official Partner Bank of the National Euro Changeover Committee, the Bank of Valletta is offering its support to the NECC in the organisation of the Euro Village events being held on Sunday 18 and Monday, 19 November at Gnien l-iStazzjon in Birkirkara.

The BOV branch situated near the Euro Village venue will be open with a view to giving the opportunity to the public to buy euro notes and coins for use at the Euro Village at the irrevocably fixed convergence rate of EUR1 equivalent to Lm0.429300. The BOV branch will be open between 9am and 9pm on Sunday and between 5 and 9pm on Monday to conduct limited euro currency exchange service for use at the Euro Village.

“The initiative of the NECC to organise this event in the run up to Malta’s adoption of the euro as its national currency is very original and we are pleased to be offering our full support to make Euro Village a success,” said Alan Cassar, executive head responsible for Sales and Product Development at Bank of Valletta. “Although the euro will not be Malta’s currency before 1 January, 2008, the concept behind the Euro Village concept is to give a limited and one time opportunity to the public to actually experience buying and selling using euro notes and coins.”

The Euro Village is an initiative undertaken by the NECC aimed to give people the opportunity to acquaint themselves with the use of the euro money before E-day. Gnien l-iStazzjon will be turned into a Euro Village with stalls trading in euro. There will also be an entertainment area for the children to make the event a place to be for all families.

“The Bank of Valletta is actively seeking to provide support to the public to help make the euro changeover process as straightforward and efficient as possible. The bank’s continuous contribution towards the euro changeover shows the importance we are giving to this project of national importance,” concluded Mr Cassar.

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