€1.50
THURSDAY 2 SEPTEMBER 2021 • ISSUE 119
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Editorial PAGE 9
THE LAST BUDGET
PAUL COCKS
LOMBARD Bank Group has registered a
profit before tax of €5.4 million, up from €5
million for the same period last year while
Lombard Bank Malta p.l.c. registered a profit
before tax of €4.0 million, up from €3.6 mil-
lion in H1 2020.
Loans and advances to customers as well
as customer deposits rose by 4%. Net in-
terest income for the group at €10.0m was
8% higher compared to the previous year.
Higher interest revenues generated from
increased credit activity offset the effect of
pressure on interest margins from persis-
tent low interest rates.
In its interim unaudited financial state-
ments for the six months ended 30 June 2021,
the group said that Lombard Bank continued
implementing its strategy of prudent growth
by investing in its physical presence, technol-
ogy and human resources.
MATTHEW VELLA
THE financial regulator
has suspended the listing of
Melite Finance plc's bonds
after the company failed to
publish its unaudited inter-
im financial statements for
the forst half of 2021.
e suspension is valid for
10 days, the Malta Financial
Services Authority said.
Lombard Bank registers €4m
profit before tax for H1 2021
Around 400
businesses
to benefit
from Lands
Authority
scheme
Drones and
the future of
motorsport
Accessorize owners
will not extend more
support to COVID-hit
retail chain
STAR PERFORMER MSE FTSE 100 € EXCHANGE RATES
Trading Date: 1 Sep 2021
Number of Trades: 50
Turnover: €689,466.30
MSE TRX Index: 8,064.370
(Change: 0.029%)
SP FINANCE - 4% SPF SEC BDS
SF29A - Currency EUR
Last Traded 1 Sep, 2021
Price 105.510
Change 3.010
US Dollar 1.1846
British Pund: 0.85885
Japanese Yen: 130.21
Australian Dollar: 1.6090
Swiss Franc: 1.0839
7,149.11
34.40 7,187.34 / 7,119.70
7,119.70
Value
Net variation
Previous close
High / Low
-0.41%
