The Malta Independent 17 June 2024, Monday
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Partnership between BOV and St Vincent de Paul benefits residents and carers

Friday, 29 September 2023, 15:37 Last update: about 10 months ago

New ATM installed at the long-term care facility premises

Bank of Valletta is pleased to announce that thanks to a close collaboration with St Vincent de Paul Long-Term Care Facility, employees, residents and their relatives are now benefitting from a number of banking services, including a new ATM which has been installed at the facility's premises.

BOV is aware of the ever-growing population of St Vincent de Paul, which comprises over 1,300 residents and more than 3,000 employees. Added to these are approximately over 500 daily visitors from family members and close relatives of the residents, and more than 8,000 elderly persons annually who are referred to the newly opened Geriatric Day Hospital within Rużar Briffa Complex.

The collaboration between BOV and SVP will also benefit the facility's employees, following the signing of a Value Pack agreement with Bank of Valletta's Business Development Unit. BOV Value and Customised Packs are designed for employees of specific companies or organisations and offer specific benefits on a broad spectrum of the Bank's products and services including access to unsecured personal loans, reduction in processing fees, discounted credit card fees and interest rate charged, as well as discounted fees of specific BOV Asset Management funds.

Speaking during the inauguration of the new ATM at St Vincent de Paul, BOV's Head of Retail Network, Mr Geoffrey Ghigo expressed his gratitude to St Vincent de Paul's management for their trust in Bank of Valletta. "We have always been considered as the Bank at the heart of our community, and with this collaboration, we are reaching out to another community which goes beyond the thousands of residents of the Long-Term Care Facility. We are reaching out to their families and loved ones too, doctors, nurses, and carers who work tirelessly for the well-being of the elderly."

St Vincent de Paul Long-Term Care Facility's CEO, Dr Josianne Cutajar thanked Bank of Valletta for heeding the appeal on behalf of the community at the residence. "We believe that an ATM at St Vincent de Paul is a win-win situation for both our residents and staff members and Bank of Valletta.  On the one hand, this service will complement our holistic model since patrons now have more direct and closer access to their money.  On the other hand, we are conscious that this is a Corporate Social Responsibility initiative to the Bank that will benefit society at large."

Representing BOV during the inauguration of this collaboration with St Vincent de Paul were Mr Geoffrey Ghigo - Head Retail Network, Mr Dione Micallef - Manager Retail Network, Mr Dipak Chouhan - Head of Business Development (Retail Banking) and Mr Silvio Cassar - Manager Business Development Unit.

St Vincent de Paul Long-Term Care Facility was represented by its CEO Dr Josianne Cutajar, Dr James Carabott, Planning and Social Care Advisor and Director of Operations, Ms Karen Muscat.

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