Issue link: https://maltatoday.uberflip.com/i/1517228
maltatoday | SUNDAY • 10 MARCH 2024 6 COMMERCIAL Frank Salt Real Estate's AGC 2024: Charting a course to new heights FRANK Salt Real Estate host- ed this year's Annual General Conference at the historic Mal- ta Aviation Museum in Ta' Qa- li. Surrounded by a squadron of Spitfires and other formidable fighter planes, the venue served as a testament to the compa- ny's 55-year legacy of taking re- al estate sales in Malta to new heights. The entire Frank Salt team were joined by the con- sultants of Homes of Quality – the luxury arm of the group – accounting to an impressive attendance of 200+ individuals who all got an opportunity to be photographed walking down the company's green carpet amidst the many icons on display that echoed Malta's active role during WWII. Inside the venue, guests were framed by a big screen featuring snippets from iconic silent films featuring Charlie Chaplin and the Marx Brothers. Popcorn and candy floss machines dotted the perimeter to add to the nostalgic mood. A feeling of anticipation was in the air, as it was the big night everyone was looking for- ward to: to hear about the past year's achievements and the am- bitious future plans for the group. The event's compere, Claire Agius Ordway, set everyone at ease and built up the mood, in- troducing the founder, Mr Frank Salt, who kicked off the night with an overview of what the company has accomplished over the years, resulting in it becom- ing an industry pioneer. Frank Salt Group Director Gra- hame Salt was up next and start- ed off by highlighting the special significance the venue held for the Salt family as his grandfather was a Spitfire engineer on active duty in Malta during WWII. The Salt family were also one of the first to sponsor activities and air- craft restoration at the museum. Grahame reported that 2024 will see a stronger focus on vendors due to a brand new Sole Agency Package that the company will roll out in the first quarter of this year. He also announced that a number of game-changing tech- nology-based services will be in- troduced to aid in the marketing of properties that are exclusively entrusted to Frank Salt Real Es- tate. With that, Grahame welcomed and introduced the company's newly appointed Managing Di- rector, Jean Chapelle Paleologo, who has been tasked with fur- ther developing the company's various departments, whilst con- solidating its core business oper- ations. Jean will also be working on some new segments of the business, both locally and over- seas. Presentations by both HR and Marketing divisions followed, highlighting tools that the com- pany uses to ensure a strong reach locally and abroad and its investment in ongoing personal development. More than 10 new property consultants have joined Frank Salt's ranks since the start of this year and a number of new incentives were also unveiled – aimed at rewarding the agency's top performers and to encour- age more property consultants to join the already 200+ strong team. Then came the highlight of the event: honouring the past year's top performers and for the best branch of the year to be an- nounced! Under loud applause the nominees and winners were called out in each of the catego- ries and thanked for their hard work and outstanding results. The evening ended on a high note with the announcement of the coveted "Branch of the Year" title, and again, for 2023's results it went to the Mellieha Branch of Frank salt Real Estate. The event culminated in a nota- ble celebration of the past year's achievements and also provid- ed members of the Frank Salt working family an opportunity to glance at the exciting times that lie ahead for the entire group. The well-known Maltese singer Nicole Frendo charmed guests with her flawless delivery for the rest of the evening while the fun, celebrations and partying con- tinued into the late hours of the night. APS Bank posts strong all- round growth, as profits top a record €30 million ¬THE Board of Directors of APS Bank plc met on 7 March 2024 and approved the Group Annual Report and Audited Financial Statements for the financial year ended 31 December 2023. APS Bank plc is pleased to report a pre-tax profit of €30.2 million (2022: €15.7 million) for the Group and €27.8 million (2022: €28.9 million) for the Bank. Such a strong performance is underpinned by robust operating fun- damentals and a growth strategy driv- en by ongoing digital transformation, enhancing the customer experience and maintaining asset quality. As mar- ket volatility subsided, the Group also started reversing some of the unre- alised investments portfolio losses of 2022, boosting performance and equi- ty. BOV Financial Education Seminar for the Small Investor BANK of Valletta will be hosting a semi- nar discussing the Economic Outlook for Malta and how this will impact the Local Bond and Equity Market. Hosted at Xara Lodge l/o Rabat on Monday 11th March at 1800 hours, this seminar is aimed at small investors. BOV speakers will discuss the current investment environment, dis- pelling myths and showing those present how best to navigate the complexities of the investment world. The seminar will feature three BOV speakers, who are experts in their remit. Malcolm Bray is a renowned economist who spearheads the Bank's efforts in this area. He is also a visiting senior lecturer at the University of Malta. Clayton Scicluna is a Lead Portfolio Manager at BOV As- set Management after having held various roles relating to investments since 2006. He has experience lecturing at the Univer- sity of Malta and IFS Malta, amongst oth- ers. A Senior Manager within the Bank's Stockbroking and Capital Advisory arm, David Pace Ross contributes regularly to the Bank's financial literacy programmes. For more information, customers may contact the Bank's Business Development Unit on 2275 1122 or ask at one of the Bank's Branches. Anyone who is interest- ed in attending may register by clicking on this link: Economic Outlook for Malta - How can this impact the Local Bond & Equity Market? (office.com)