Category: Financial News

21 May, 2009

BOV Announces 5.35% 10-year Subordinated Bond Issue

Bank of Valletta have announced that they are launching a 10-year subordinated bond issue of €35 million, with a coupon of 5.35% per annum, interest payable semi-annually on the 15th of June and the 15th of

Financial News

19 May, 2009

MHRA denies claims that hotel prices have risen

In a statement issued on Monday the MHRA said that they categorically challenge the findings announced by the Harmonised Index of Consumer Prices issued last Friday, in which the hotel industry is shown as having increased

Manufacturing sales and employment decline

Financial News

18 May, 2009

Manufacturing sales and employment decline

A sample survey among manufacturing enterprises showed a decrease in sales and employment. Investment increased in 2007, but...

Harmonised Index of Consumer Prices up by 2.3% in April

Financial News

15 May, 2009

Harmonised Index of Consumer Prices up by 2.3% in April

In April 2009, the Harmonised Index of Consumer Prices went up by 2.3 per cent over the previous month, rising from 108.97 to 111.48. This primarily reflected an increase of 11.7 per cent in the Restaurants and Hotels Index, mainly

European Commission starts deficit procedure for Malta

Financial News

14 May, 2009

European Commission starts deficit procedure for Malta

In view of reported budget deficits of more than 3% in 2008, the European Commission has now adopted reports under the corrective arm of the Stability and Growth Pact for Malta, Lithuania, Poland and Romania.

HSBC Bank Malta Wins Global Finance Award

Financial News

7 May, 2009

HSBC Bank Malta Wins Global Finance Award

Global Finance, a leading American financial publication, has announced that HSBC Bank Malta p.l.c. has won the ‘Best Bank in Malta’ category in its Best Emerging Market Banks 2009 awards. Judged by the Global Finance magazine