Issue link: https://maltatoday.uberflip.com/i/1499169
maltatoday | SUNDAY • 14 MAY 2023 10 10 COMMERCIAL MeDirect's MeManaged now with €100 minimum investment MEDIRECT customers can now open a MeManaged account with a minimum investment of just €100. MeManaged is Malta's first and only online discretion- ary portfolio management ser- vice and is available through the MeDirect mobile app or internet banking. A discretionary portfolio man- agement service provides an in- vestment strategy based on the profile of each individual cus- tomer's financial goals and risk appetite. This strategy is then entrusted to the global network of financial experts at MeDirect who take care of it diligently and on an ongoing basis, in part- nership with BlackRock - the world's largest asset manager. To open a MeManaged account, customers are asked to complete an intuitive online questionnaire which establishes their invest- ment profile. Based on this in- dividual profile, an investment strategy is specifically assigned. Those customers who open accounts before 30 June 2023 and opt to invest a minimum of €2,000 will also enjoy the addi- tional benefit of having their ac- counts topped up by up to €200. More information on MeMan- aged, including the additional top ups available until 30 June 2023, is available on https:// promo.medirect.com.mt/discre- tionary-portfolio-management/. Investors can then opt to con- tinue building their portfolio by investing a minimum of €100 every month. Consequently, customers can continue to build their portfolio and benefit from cost-averaging meaning that they are buying assets at regular intervals, and at different prices, thus providing some protection from market volatility. The portfolio is fully managed by MeDirect, and customers will receive regular monthly updates on its performance. Customers can also track its performance online through the MeDirect mobile app, or via internet bank- ing, on a 24/7 basis. Ingrid Micallef, Head of Prod- ucts and Marketing, at MeDi- rect Bank said: "Discretionary Portfolio Management has tra- ditionally been a personalised service reserved only for high- net-worth individuals. By using technology and partnering with BlackRock we have fully digi- talised this product, making it available to practically every- one. In the weeks and months ahead, MeDirect will continue to launch new initiatives geared towards the democratisation of investment and wealth manage- ment products." MeDirect Bank Malta is the Island's First Digital Bank and offers its clients access to mar- ket-leading financial products. One can become a client of MeDirect and open a MeMan- aged account by clicking https:// onboarding.medirect.com.mt/ start. For further information clients may contact MeDirect Bank on 25574400 or visit www. medirect.com.mt. BOV Żabbar branch re- opens following extensive renovation works FOLLOWING months of extensive refurbishment, BOV has officially re- opened its branch in Żabbar. This outlet now forms part of a series of renovated BOV Branches that offer a customer-cen- tric experience in a modern environment that incorporates several ESG-friendly concepts including sustainability and low carbon footprint. The Branch aims to be energy and water-efficient and us- es natural, fast-renewing materials and electronic advertising to reduce paper use. Aesthetically, it has been designed in line with the newly refurbished branches of Sliema, Paola, Siġġiewi and Żurrieq. Speaking during the official re-opening of the premises, Bank of Valletta CEO Mr Kenneth Farrugia highlighted several im- provements that are being incorporated in the new layout at the Bank's custom- er-facing units. "Our Branches remain at the heart of the community we serve. The customer-centric concept being in- troduced revolves around the evolving needs of our customers. We have em- barked on two parallel journeys which will see us enhancing our omnipresence both on our digital channels and at our physical premises across Malta and Gozo. We have gathered feedback directly from our customers and customer-facing em- ployees, and the improvements are being implemented according to the feedback we constantly receive. Our customers re- main at the centre of everything we do, and this renovation is another building block in our efforts to offer a comprehen- sive and seamless service across all our channels." Following the unveiling of a commemo- rative plaque by BOV Chairman Dr Gor- don Cordina and CEO Mr Kenneth Far- rugia, the official re-opening ceremony proceeded with the blessing of the prem- ises by Żabbar Parish Priest Rev. Evan Caruana. Present for the ceremony were a number of BOV employees, including the branch manager and the branch staff, Chief Officer Wealth Management Mr Simon Azzopardi and BOV Chief Op- erations Officer Mr Ernest Agius who accompanied Żabbar Mayor, Mr Jorge Grech and other distinguished guests around the premises. The Bank looks for- ward to welcoming all customers in this exciting new journey for the Branch. The Homes of Quality Golf Tournament is back! THE eighth edition of the Homes of Quality Golf Tournament organised in collaboration with the Royal Malta Golf Club, was held the past week from 4-7 May 2023. The tour- nament included both the ladies' and men's catego- ries and the much-covet- ed overall winner placing went to Leslie White who scored 77 points. The tournament included a men's stableford compe- tition and a separate ladies' stableford competition. The top scores from both competitions then qualified for the final round that took place on Sunday 7 May. All competitors vied for the grand prize consisting of a golf weekend break for two to Tuscany, including a one-day pass to one of the region's top golf courses. The tournament and priz- es were all sponsored by Homes of Quality, a mem- ber of the Frank Salt Real Estate Group. The award presentation and lunch was held at the Putters Inn on Sunday, 7 May 2023. The Best Man competi- tion was won by Kevin Do- novan with 77 points, whilst the Best Lady honours were taken by Stephanie Sciber- ras with 77 points. The prize was presented during the lunch get- to- gether, also sponsored by Homes of Quality. Lady Captain Eileen Borg and Frank Salt Real Estate Di- rector Grahame Salt pre- sented the trophies to the winners. Since its emergence as a major sport in the 1920's, golf has provided lifelong recreational opportuni- ties and enjoyment for thousands of people in Malta. This is the reason why Homes of Quality supports not only the lo- cal golfing community, but many other corporate and social responsibility initiatives throughout the year.