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BUSINESS TODAY 22 September 2022

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€1.50 THURSDAY 22 SEPTEMBER 2022 • ISSUE 173 WWW.BUSINESSTODAY.COM.MT PAGE 4 PAGE 5 PAGE 3 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% LONGING FOR A 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 APPLY ONLINE Customers' deposits grew by €96.6m in the first half of the year

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