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THURSDAY 6 OCTOBER 2022 • ISSUE 175
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'db Group's success built
on embracing Maltese
prudence' - Silvio Debono
OPEC+ agrees
deep cuts to
oil production
despite US
pressure
2021: Arbiter for
financial services
received 167
complaints
PAUL COCKS
THE success of the db
Group is due to having al-
ways remained true to its
roots, taking risks but em-
bracing 'Maltese prudence',
Group founder and chair-
man Silvio Debono told
Business Today.
"As a Group we remained
with both feet firmly plant-
ed on the ground. We know
where we're going because
we never forget where we
came from. at's our hall-
mark," he said. "So while
we think big and take
substantial business risks,
we always do so with in-
grained Maltese prudence."
Debono was speaking to
this newspaper following
news of the appointment
of his children to four key
officer posts, a watershed
in the family's succession
planning moment.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 5 Oct 2022
Number of Trades: 56
Turnover: € 2,611,061.32
MSE TRX Index: 7,745.33
(Change: +0.211%)
Name: 4% SHM PLC SEC
MT0002351204 - Currency €
Last Traded: 5 Oct 2022
Price 100.000
Change +1.500
US Dollar 0.98634
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Swiss Franc: 0.97070
7,052.62
-33.84
7,086.46 / 6,977.95
Value
Net variation
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e db Group
has appointed the
children of founder
and chairman Silvio
Debono to four key
officer posts
SILVIO DEBONO STEPS ASIDE, HANDS DB GROUP TO CHILDREN
The Debonos: Victoria, David, Robert and Alan
