Bank of Valletta denies plans to axe 300 jobs

Workers at Malta’s oldest bank have spoken of their ‘huge relief’ after bosses confirmed there are no plans to axe 300 jobs. Bank Of Valletta strongly denied press reports that it intends to slash its workforce before Christmas. The bank said it had ‘no intention of shedding staff’ but hoped to ‘continue to recruit more’. […]

HSBC to axe eight bank branches across Malta

HSBC has announced it will axe eight branches in Malta with the loss of dozens of jobs. They will close next year as part of a major cost cutting drive of the bank’s operations across Europe. The Maltese branches affected are St Julian’s, St Paul’s Bay, Marsascala, Hamrun, Balzan, Birzebbugia, Cospicua and Fgura. They will […]

Your old Malta notes are about to become worthless

Your old Malta banknotes are about to become worthless. If you have any Lm2, Lm5, Lm10 or Lm20 notes stuffed under your mattress or hidden away in an old piggy bank, you have until tomorrow to exchange them. The Central Bank of Malta has told 89.7 Bay that the official cut off date for Maltese […]