€1.50
THURSDAY 22 SEPTEMBER 2022 • ISSUE 173
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BNF Bank grows lending
book by €52.3m in first
six months of 2022
With Hunkin
on way out,
BOV appoints
new CEO
EC proposes
Single Market
Emergency
Instrument
PAUL COCKS
BNF Bank grew its lending book by
€52.3 million in the first half of 2022
while improving its credit quality,
with non-performing exposure de-
creasing by €10.5m.
e half yearly financial results
show that the bank has remained
on track and performed remarkably
well in the first half of 2022, achiev-
ing further solid positive financial
results, following suit on its strong
financial performance for 2021.
e decrease in non-performing
exposure was due to the cure of a
non-performing commercial loan
and the recovery of various oth-
er non-performing loans. Lending
book growth was primarily funded
by deposits from customers which
grew by €96.6m in the first half of
2022.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 20 Sep 2022
Number of Trades: 45
Turnover: € 330,605.80
MSE TRX Index: 7,687.28
(Change: +0.464%)
Name: 4% STV SEC BDS
MT0001601203 - Currency €
Last Traded: 20 Sep 2022
Price 101.990
Change +1.980
US Dollar 1.0217
British Pound: 0.85227
Japanese Yen: 141.16
Australian Dollar: 1.4814
Swiss Franc: 0.99322
7,470.22
-17.89
7,488.12 / 7,410.40
Value
Net variation
High / Low
-0.24%
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HOLIDAY HOME?
All loans are subject to normal bank lending criteria and final approval from the Bank. The term of the loan must not go beyond re rement age. Issued by Bank of Valle a p.l.c. 58, Triq San Żakkarija,
Il-Belt Valle a VLT 1130. Bank of Valle a p.l.c. is regulated by the MFSA and licensed to carry out the business of banking in terms of the Banking Act (Cap. 371 of the Laws of Malta). | COM 2679
Get in touch | bov.com/homeloan | @bovofficial
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Customers' deposits
grew by €96.6m in the
first half of the year
