Bank of Valletta plc - Stress Test Results

On 3 October, Bank of Valletta plc (BOV) announced that the latest EU-wide bank stress results, published by the European Banking Authority, confirmed that BOV enjoys a strong Tier 1 Capital ratio (a measure of capital adequacy by comparing shareholders’ capital to risk-weighted assets) of 10.6%, which is significantly above the minimum of 9% required by European regulation.

The announcement further explains that the result obtained by BOV is a reflection of the Group’s strategic priority in relation to capital management, with the objective of securing the sustainability of both the Group and of the Maltese financial system in the long term.