A delegation of Austrian and Maltese executive and non-executive directors of Volksbank Malta Ltd recently paid a courtesy visit to President George Abela.

The President welcomed Volksbank Malta chairman Winston V. Zahra, vice chairman Werner Wess, managing director Herbert Skok and director Joseph Bugelli at The Palace in Valletta.

During the visit, the President was briefed on the commercial activity pursued by the Maltese bank with an Austrian background, in particular its contribution to the local economy.

Volksbank Malta, a fully owned subsidiary of Österreichische Volksbanken AG, was set up in 1995 as an offshore bank and was converted into a fully licensed local commercial bank in 2002.

Since then the bank has offered its services to both Maltese and international customers to provide them with the financial assistance necessary for their growth and success.