Bank of Valletta hosted an afternoon conference at BOV Centre in Santa Venera where the macro environment of trade finance was discussed. Held in collaboration with the Chamber of Commerce, Enterprise and Industry, there was an overwhelming response to this conference, which saw the participation of more than 90 business representatives.

In his opening address, Mr Anton Borg, President of The Chamber of Commerce, Enterprise said, "The Malta Chamber endeavours to promote competitiveness and a healthy environment conductive to investment. Events like this seminar serve to provide entrepreneurs and operators in this field with the latest developments in Trade Finance." Speaking about the long-standing collaboration between Bank of Valletta and the Chamber, Mr Borg explained that, "Bank of Valletta has been collaborating with the Malta Chamber for over a decade. The two entities pool resources to assist SMEs to grow their business, as on this occasion."

The presentations were entrusted to senior officers at BOV's Trade Finance Centre, Carmel Borg and Mario Darmanin. With 50 years' experience in the trade finance sector, the speakers outlined the variables impinging upon the market, emphasising the importance of knowing the risks and taking the necessary measures to mitigate them.  "The key strength of BOV Trade Finance Centre is the years of experience that translate into sound advice and dedication in guiding clients throughout the process. Our team puts time and effort to ensure that the Bank's clients understand every step of the transaction undertaken."

Mr Alfred Attard, Chief Officer SME Financing expressed his satisfaction at the turnout. "A few weeks ago, a similar event was organised in our Branch in Victoria Gozo, and the response received was also encouraging. For Bank of Valetta, it is important that we are truly partners of our clients, supporting them in every means possible, not only by means of the services and products offered, but also by giving them access to specialised personnel, who can assist them in making the most of opportunities available."

The seminar was accredited with three hours of structured CPE qualifying under the Core/Professional Development Board Accreditation rules.