Malta · Credit institution
Bank of Valletta P.L.C.
Bank of Valletta p.l.c. is a public limited company registered in Malta. Its registered office is in Valletta and its head office is in Santa Venera. The Malta Financial Services Authority licenses it for banking and investment services. Its shares are listed on the Malta Stock Exchange, and the Government of Malta holds about 25%. It provides personal, business and wealth management banking, investment services, card services and bancassurance, mainly in Malta. The bank was set up in 1974 to take over the National Bank of Malta and was listed in 1992.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see Regulatory status): that is banking supervision, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
ECB banking supervision
List of supervised entities as of 2026-07-01
- Classification
- Significant institution
- Supervisor
- European Central Bank (direct supervision)
- Listed as
- Bank of Valletta plc
- Entity type
- Credit institution
- Supervisory group
- Heads its own group
- Why significant
- National economic importance (quantitative assessment - GDP)
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Subject to minimum reserves
- Listed as
- Bank of Valletta plc
- RIAD code
- MTCIVALL
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Malta Financial Services Authority (MFSA) | 2007-11-01 | A1 A2 A3 A4 A5 A6 A7 B1 B2 B3 B4 B5 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- VALLMTMTXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under VALLMTMT directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · VOP · T2 · TIPS
- Branch codes
- None: head-office BIC only
- BIC first registered
- 1990-03-05
- Last updated
- 2024-04-10
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Ticker BOV
Institution type
Commercial bank
Trades as BOV
- Ownership
- The bank is listed on the Malta Stock Exchange, where the Government of Malta holds about 25% and the remaining shares are held by other investors and the public.
- Major shareholders
- Government of Malta 25% · 30 Nov 2025
Amalgamated Growth and Income Fund 5.56% · 4 Aug 2025 - Stock listing
- Malta Stock Exchange BOV
- Head office
- BOV Centre, Cannon Road (Triq il-Kanun), Zone 4, Central Business District, CBD 4060 Santa Venera, Malta (registered office: 58, Zachary Street (Triq San Żakkarija), Valletta VLT 1130, Malta)
- Company register
- C 2833 (Malta Business Registry)
Business lines
According to its 1H 2026 investor relations report, net interest income made up 82.4% of operating income, and its lending and deposits are concentrated in Malta.
Online
- Websites & references
- bov.com ↗
bovassetmanagement.com ↗ Subsidiary BOV Asset Management (linked from the bov.com footer)
bovfundservices.com ↗ Subsidiary BOV Fund Services (linked from the bov.com footer)
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 16 pages consulted
- bov.com/personal
- bov.com/about-us
- bov.com/investor-relations
- bov.com/meta/downloads/investor-relations-financial-results
- bov.com/executive-team
- bov.com/board-directors
- bov.com/leadership-team-executive-team-vs-board-directors
- bov.com/meta/downloads/correspondent-banks
- bov.com/bov-announces-new-correspondent-banking-relationship-bny
- independent.com.mt/articles/2026-07-29/business-news/BOV-reports-119-8m-profit-before-tax-for-the-first-half
- newsbook.com.mt/en/bov-reports-half-yearly-pre-tax-profit-of-e119-8m/
- marketscreener.com/news/bank-of-valletta-p-l-c-changes-in-senior-management-ce7e5cdadd8af327
- theshiftnews.com/2026/04/13/bov-to-part-ways-with-second-chief-risk-officer-in-three-years/
- whoswho.mt/en/unicredit-s-stake-in-bank-of-valletta-reduced-to-5-21
- themalteseherald.com/2026/05/20/bov-continues-its-share-buy-back-programme-two-new-directors-to-be-appointed/
- en.wikipedia.org/wiki/Bank_of_Valletta
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Kenneth Farrugia Chief Executive Officer & Executive Director
- Chair
- Dr. Gordon Cordina Chairman, Non-Executive Director
- Chief financial officer
- Kevin Cardona Chief Financial Officer
- Executive
- Anatoli Grech Group Chief Compliance Officer & Executive Director
- Executive
- Ryan Caruana Group Chief Anti Financial Crime Officer & Money Laundering Reporting Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- European Union
- European Central Bank Prudential supervisor
- Malta
- Malta Financial Services Authority Prudential supervisorConductResolution
- Malta
- Financial Intelligence Analysis Unit AML supervisor
- European Union
- Single Resolution Board Resolution
- Malta
- Central Bank of Malta Central bank
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The bank announced that its Chief Risk Officer, Danielle Grima, would step down later in 2026.
theshiftnews.com ↗ -
Leadership
The bank announced that three chief officers would leave in 2026: strategy, customer experience and people and culture.
marketscreener.com ↗ -
Other
UniCredit cut its stake further to 3.63%, and Amalgamated Growth and Income Fund raised its holding to 5.56%.
themalteseherald.com ↗ -
Other
UniCredit reduced its stake in the bank from 10.2% to 5.21%. Hili Ventures acquired 4.99% of the share capital.
whoswho.mt ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- VALLMTMTXXX
- How the BIC breaks down
- VALLBank
- MTCountry · Malta
- MTLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 529900RWC8ZYB066JF16
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- Sort code 22013 + 46 more
Profile
- Type
- Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
- Regulation
- Prudentially supervised (ECB list)Prudentially supervised, according to the ECB list of supervised entities (as at 2026-07-01). This is banking supervision, not a licence on a tracked register.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Malta · Middle East & North Africa
- Banking supervision
- Significant · supervised by the ECB as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
The Bank of Valletta P.L.C. group has 3 institutions in the directory, in 1 country: all hold a BIC.
Including Bov Asset Management Limited, Bov Fund Services Limited.
See the Bank of Valletta P.L.C. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 58 ZACHARY STREET VALLETTA VLT1130 MALTA
- Operational address
- BOV CENTRE TRIQ IL-KANUN, ZONE 4, CENTRAL BUSINESS DISTRICT, SANTA VENERA CBD4060 SANTA VENERA MALTA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>VALLMTMTXXX</BICFI>
<LEI>529900RWC8ZYB066JF16</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>VALLMTMTXXX</BICFI>
<LEI>529900RWC8ZYB066JF16</LEI>
<Nm>BANK OF VALLETTA P.L.C.</Nm>
<PstlAdr>
<Ctry>MT</Ctry>
<AdrLine>58 ZACHARY STREET VALLETTA VLT1130</AdrLine>
</PstlAdr>
</FinInstnId>Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-01-28 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2024-12-02 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2012-01-16 | Head office | — |
| Verification of Payee | 2025-07-02 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Sort code · Malta
Showing 10 of 47 codes file of 2026-09-23
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 22013 | VALLMTMT | Bank of Valletta plc. | St. Venera |
| 22024 | VALLMTMT | Bank of Valletta plc. | Valletta (Republic Street) |
| 22079 | VALLMTMT | Bank of Valletta plc. | Gzira |
| 22080 | VALLMTMT | Bank of Valletta plc. | Marsaxlokk |
| 22116 | VALLMTMT | Bank of Valletta plc. | Bir id-Deheb |
| 22127 | VALLMTMT | Bank of Valletta plc. | Attard |
| 22150 | VALLMTMT | Bank of Valletta plc. | Qormi |
| 22172 | VALLMTMT | Bank of Valletta plc. | Siggiewi |
| 22183 | VALLMTMT | Bank of Valletta plc. | Balluta |
| 22194 | VALLMTMT | Bank of Valletta plc. | Wealth Management |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Correspondent banking
The bank publishes 26 accounts at other banks, across 4 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
26 accounts at other banks, in 24 currencies, as the bank publishes them: bov.com ↗ dated 29 May 2025
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
|---|---|---|---|---|---|
| AED | First Abu Dhabi Bank P.J.S.C. United Arab Emirates | NBADAEAA | — | Trade related and personal payments/remittances | Matches the Swift directory |
| AUD | Unicredit Spa Italy | UNCRITMM | — | Trade related and personal payments/remittances | Matches the Swift directory |
| CAD | Canadian Imperial Bank of Commerce Canada | CIBCCATT | — | Trade related and personal payments/remittances | Matches the Swift directory |
| CHF | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| CZK | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| DKK | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| EUR | Intesa San Paolo SpA Italy | BCITITMM | — | Trade related and personal payments/remittances | Matches the Swift directory |
| EUR | TARGET 2 CBM (for EUR Priority Payments) | — | — | EUR priority payments | No BIC published |
| EUR | UniCredit S.p.A. Italy | UNCRITMM | — | Trade related and personal payments/remittances | Matches the Swift directory |
| GBP | Lloyds Bank United Kingdom | LOYDGB2L | — | Trade related and personal payments/remittances | Matches the Swift directory |
| HKD | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| HUF | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| ILS | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| JPY | Sumitomo Mitsui Banking Corporation Japan | SMBCJPJT | — | Trade related and personal payments/remittances | Matches the Swift directory |
| KWD | First Abu Dhabi Bank P.J.S.C. United Arab Emirates | NBADAEAA | — | Trade related and personal payments/remittances | Matches the Swift directory |
| MXN | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| NOK | Den Norske Bank Norway | DNBANOKK | — | Trade related and personal payments/remittances | Matches the Swift directory |
| NZD | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| PLN | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| RON | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| SEK | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| SGD | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
| TND | Banque Internationale Arabe de Tunisie SA Tunisia | BIATTNTT | — | Trade related and personal payments/remittances | Matches the Swift directory |
| TRY | Nurol Yatirim Bankasi Türkiye | NUROTRIS | — | Trade related and personal payments/remittances | Matches the Swift directory |
| USD | Citibank United States | CITIUS33 | — | Trade related and personal payments/remittances | Matches the Swift directory |
| ZAR | UBS Switzerland AG Switzerland | UBSWCHZH | — | Trade related and personal payments/remittances | Matches the Swift directory |
A one-page PDF titled 'Correspondent Banks' lists the bank's nostro arrangements, used for trade-related and personal payments. It shows currency, bank name and Swift code only, with no account numbers. All 26 rows were extracted. The list is dated 29 May 2025 and may be out of date. A later BOV news item announced a new USD clearing relationship with BNY, alongside Citibank. That relationship does not appear in this list. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties.
- Banking supervision—Source: European Central Bank, list of supervised entities.
- National bank codes—Malta (Source: Central Bank of Malta).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
Assess the financial crime risk behind a BIC
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