News | Wednesday, 07 January 2009

BoV invests €990,000 into community

Bank of Valletta has just issued its annual Corporate Social Responsibility Report, which outlines in detail the contribution the Bank made to society throughout the past financial year. Bank of Valletta in fact had committed a total investment of €990,000 back into the Maltese Community through its seven pillars that together form the basis of the Bank’s Corporate Social Responsibility strategy.
The report demonstrates how the Bank has become a major contributor to Maltese society, by building a corporate culture that places its social responsibilities at the centre of its operations. The Bank’s values, that sustain its corporate social character, continue to add value to the various communities within which it operates.
Speaking about the third BOV CSR Report, Tonio Depasquale, CEO at Bank of Valletta said that the Bank’s position in the market brings with it added responsibilities. “Bank of Valletta is the largest Maltese bank and the Bank of Choice for many deposit, lending and investment products. We have a complete range of financial services that brings us in contact with many stakeholders. Our responsibility towards these stakeholders is outlined in this year’s report”, said Mr Depasquale.
Bank of Valletta’s contribution has been visible in areas such as sports, heritage, environment, art and culture, business and education. By fostering principles that focus on the role of sports the Bank supports a wholesome development of the individuals. Another major contribution over the past year was directed towards the environment, regularly involving BOV staff members in clean-up and tree-planting activities. The business community has also been a major benefactor, through support directed to educational and informative events. Being a responsible corporate citizen goes beyond fund raising, and the Bank has been working hand in hand with the community to provide tangible support to localities.
This year’s CSR report outlines the values and principles of good corporate citizenship that BOV has been adopting.


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07 January 2009

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