Malta Online Dictionary


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BOV
Bank of Valletta p.l.c.

Bank of Valletta (BOV) was formed in 1974 and its banking origins date back to 1809 with the setting up of the Anglo Maltese Bank.

In 1992, BOV became the first public company to be listed on the Malta Stock Exchange when 51.21% of BOV's equity was held by the Government of Malta, 14.55% was held by Banco do Sicilia and the remaining 34.24% was held by the general public. In 1995, the Government sold a further stake when it offered 12,000,000 shares to the public, thereby reducing its shareholding in BOV to 25.23% - that the Government still retains to date. Currently the other large shareholder is Capitalia S.p.A with a stake of 14.55% which it took over from Banco di Sicilia S.p.A in June 2006.

BOV has 40 branches and agencies in Malta and Gozo as well as a network of representative offices in Australia, Canada, Italy, Tunisia, Libya and Egypt.

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