Prime Minister Robert Abela opens the regeneration project of the Bank of Valletta Centre

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The environmental core is the best economic opportunity that leads us to reach the next level – A country of quality”  “This project is a crucial step towards strengthening energy efficiency standards. This is the mindset I believe in. The emphasis towards sustainability that gives quality.”
It was in this way that the Prime Minister Robert Abela described the regeneration project of the Bank of Valletta Centre, in Santa Venera, during the inauguration during which Dr. Abela also had the opportunity to meet -the management of the same Bank and turns the investment made. In his address, the prime minister explained the importance of projects of this type and therefore the responsibility of the financial sector to be a catalyst with financing towards the ecological core. “I ask the conditions that a bank gives in a loan for someone who is building a block of apartments without emphasis on energy efficiency, should these be the same for someone who is building the same block with protection and attention to energy efficiency?,” claimed the prime minister.
Meanwhile, Prime Minister Robert Abela mentioned the direction towards quality, which he is giving in the Budget announced for next year. This, among others, also with the government’s decision to contribute to the private pension of its workers. “This is a measure that will mean a golden opportunity to expand in our country a financial niche that we have created as a government since 2016, – the niche of private pensions. A niche that will lead to greater income for our workers when they retire, also means that we will create large long-term savings funds that can be invested for the progress of our country,” said Dr. Abela as he explained that this will it continues to make it possible for our country to focus more on the quality of investment and thus a sustainable future.
As soon as he finished his speech, the prime minister again expressed his satisfaction for this investment precisely in the Bank’s fiftieth anniversary. “That trust is still there today and strong in a serious Maltese bank. Congratulations not only for another fifty years of service and work in the financial sector but for more years of work. Work, much of which is born from this regenerated base that we are inaugurating today”, concluded Dr. Abela.
During the inauguration ceremony, the Chief Executive of the Bank, Kenneth Farrugia, also addressed those present, thanking the employees who, during the two and a half years that the project has been running, have collaborated to ensure the operation of the Bank could continue unhindered. He also explained that today almost 40% of employees can work remotely not necessarily from the office. BOV Chairman Gordon Cordina reiterated that this investment reflects the Bank’s commitment to not only look back at the history of success, but undertakes to continue renewing and adapting to the needs ever evolving of the financial sector.
Photos: OPM