Bank of Valletta plc
ISIN: MT0000020116 | Ticker: BOV | LEI: 529900RWC8ZYB066JF16
Country: Malta
The Bank of Valletta Group (the Group) comprises Bank of Valletta p.l.c. (the Bank) and two subsidiary companies namely BOV Asset Management Limited (BOVAM) and BOV Fund Services Limited (BOVFS). The Group also has two equity-accounted investee companies, MAPFRE Middlesea p.l.c. and MAPFRE MSV Life p.l.c. The Group’s principal activities are set out below.
The Group offers banking, financial and investment services and connected activities within the domestic Maltese market. The principal activities of the Bank comprise the following:
- The receipt and acceptance of customers’ monies for deposit in current, savings and term accounts which may be denominated in Euro and other major currencies,
- The provision of loans and advances to a wide array of customers, and
- The provision of investment services, covering a comprehensive suite of investment products and services that meet the customers’ needs throughout their lifecycle
1974
Served areaMalta
Headcount1,843
HeadquartersBOV Centre Canon Road, SVR9030 St Venera – Malta
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 12,910,771,000.00 | 14,358,442,000.00 |
| Property Plant And Equipment | N/A | 128,646,000.00 | 130,622,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 59,666,000.00 | 56,074,000.00 |
| Investment Accounted For Using Equity Method | N/A | 111,999,000.00 | 145,501,000.00 |
| Investments In Subsidiaries | N/A | 0.00 | 0.00 |
| Deferred Tax Assets | N/A | 91,259,000.00 | 84,563,000.00 |
| Cash and cash equivalents | 3,968,868,000.00 | 3,950,672,000.00 | 4,818,144,000.00 |
| Equity And Liabilities | N/A | 12,910,771,000.00 | 14,358,442,000.00 |
| Equity | 1,062,305,000.00 | 1,077,125,000.00 | 1,126,285,000.00 |
| Issued Capital | N/A | 583,849,000.00 | 583,849,000.00 |
| Retained Earnings | N/A | 388,522,000.00 | 434,721,000.00 |
| Share Premium | N/A | 49,277,000.00 | 49,277,000.00 |
| Liabilities | N/A | 11,833,646,000.00 | 13,232,157,000.00 |
| Deferred Tax Liabilities | N/A | 6,186,000.00 | 6,717,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Interest Income On Debt Instruments Held | 23,287,000.00 | 22,384,000.00 |
| Interest Income On Loans And Advances To Customers | 166,995,000.00 | 172,429,000.00 |
| Revenue From Dividends | 219,000.00 | 1,447,000.00 |
| Employee Benefits Expense | 79,389,000.00 | 81,568,000.00 |
| Depreciation Expense | 8,412,000.00 | 8,430,000.00 |
| Amortisation Expense | 11,395,000.00 | 11,708,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 65,136,000.00 | -18,856,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 65,136,000.00 | -18,856,000.00 |
| Profit Loss From Operating Activities | 4,681,000.00 | 66,161,000.00 |
| Profit Loss Before Tax | 15,201,000.00 | 80,659,000.00 |
| Income Tax Expense Continuing Operations | 1,399,000.00 | 24,468,000.00 |
| Profit (loss) | 13,802,000.00 | 56,191,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Profit (loss) | N/A | 13,802,000.00 | 56,191,000.00 |
| Cash Flows From Used In Operations | N/A | 321,621,000.00 | 1,175,792,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 295,040,000.00 | 1,157,101,000.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 562,000.00 | 0.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 0.00 | 20,000,000.00 |
| Dividends Received Classified As Investing Activities | N/A | 219,000.00 | 2,443,000.00 |
| Interest Received Classified As Investing Activities | N/A | 40,332,000.00 | 36,575,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -234,082,000.00 | -281,934,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,704,000.00 | 1,919,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 6,457,000.00 | 5,776,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -79,154,000.00 | -7,695,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -18,196,000.00 | 867,472,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 112,000.00 | -250,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -18,308,000.00 | 867,722,000.00 |
| Cash and cash equivalents | 3,968,868,000.00 | 3,950,672,000.00 | 4,818,144,000.00 |
Please note that some sums might not add up.
MT0000020116
LEI529900RWC8ZYB066JF16
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