rizzo, farrugia bov

Rizzo, Farrugia & Co. (Stockbrokers) Ltd (Rizzo Farrugia) is a member of the Malta Stock Exchange and licensed by the Malta Financial Services Authority. At present, I am specialising in research analysis at Rizzo Farrugia & Co (Stockbrokers). During the first half of 2020, net interest income contracted by 6.8% to €72.3 million (H1 2019: €77.6 million) as the 8.3% decline in gross interest income to a 15-year low of €96.1 million (H1 2019: €104.8 million) was only partly offset by the 12.7% reduction in interest expense to €23.8 million (H1 2019: €27.2 million). Mar 2017 – Feb 2018 1 year. Is-suldati ser ikunu l-akkużati. Financial Advisor at Rizzo Farrugia & Co (Stockbrokers) Ltd Malta 71 connections. This report has been prepared in accordance with legal requirements. Spring 2008. Marsascala is fast becoming a concrete jungle. ... Saviour Rizzo Measuring Market Competition in ther EU: The Mark-up Approach Mario Borg OTC Derivatives: Salient Practices and Developments Relating to Standard Market Documentation ... BOV Review 37. BOV 295: DOWNLOAD: Bank of Valletta p.l.c. It has not been disclosed to the company/s herein mentioned before its publication. The MSE Share Index advanced by 0.3% to 2,969.161 points following a positive reaction to the interim financial statements published by Bank of Valletta plc last Friday afternoon. In this respect, BOV explained that the COVID-19 situation continued to strongly influence its activities as although elements of improvement over Q2 were experienced, the prolongation of the situation is leading to overall lower business volumes and revenues compared to the corresponding period last year. We use cookies on this site to enhance your user experience. 940 likes. is a public limited company licensed On the bond market, the Rizzo Farrugia MGS Index eased minimally lower to just under 989 points as Eurozone yields recovered marginally towards the 2.18% level. On 31 July 2020, Bank of Valletta plc published its interim financial statements covering the six-month period ended 30 June 2020. Edward Rizzo | Malta | Director at Rizzo Farrugia & Co (Stockbrokers) Ltd | 500+ connections | View Edward's homepage, profile, activity, articles Since BOV is the largest com-pany listed on the MSE, both in terms of market capitalisation at over €900 million and in terms of the number of shareholders at over 20,000, the capital raising plans are likely to be one of the most important highlights across the MSE over the next year. BOV drops markedly on strong volumes The MSE Equity Price Index drifted 1.32% lower to 4,115.745 points as three of the largest companies by market size – namely BOV, HSBC and RS2 – trended sharply lower whilst another two companies – Malita and Santumas – also ended the day in negative territory. In this respect, the bank explained that gross interest income continued to be negatively impacted by the prevailing unfavourable interest rate scenario, a more prudent approach in the bank’s treasury function which, coupled with the very high levels of liquidity, had a detrimental effect in terms of profitability. Bank of Valletta plc – Interim Report covering the six-month period ended 30 June 2020. In this respect, BOV also added that its capital plan shows that the capital ratios are expected to remain strong in the coming years both under the ‘business as usual’ scenario including the impact from ‘COVID-19’, as well as under a severe stressed scenario. Furthermore, net fee and commission income was 13.6% lower and amounted to €31.6 million compared to €36.5 million in H1 2019. Għax mogħmija mill-mibegħda razzjali. On the expenditure side, total operating costs surged by nearly 10% to €89.5 million (H1 2019: €81.5 million) reflecting higher depreciation and amortisation charges, increased insurance and regulatory contributions, as well as further investments in IT and the risk and control functions of the bank. BOV noted that the asset quality of such exposures remains sound and there is no significant increase in credit risk. Duties included: Preparation of application for funds registration in line with MFSA regulation. Nonetheless, BOV warned that the road ahead will be bumpy as uncertainty looms over how long the economic recovery will take. Imma l-akkużati rejali huma dawk li bi kliemhom tul is-snin xerrdu l-mibgħeda tar-razza. In this respect, BOV explained that in assessing the impairment charge, due consideration was given to the expected impact related to ‘COVID-19’. 2014, whereby the Company allocated to Curmi & Partners Ltd. (€5,000,000) and Rizzo, Farrugia & Co (Stockbrokers) Ltd. (€5,000,000), an aggregate value of €10,000,000 of the New Bonds. This page includes a list of the existing Malta Government Stocks and their respective amount issued, maturity, interest, price, yield, bids and offers. Similarly, total liabilities increased by 3.6% to €11.7 billion on the back of the 4.7% growth (or +€502.6 million) in customer deposits. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (Rizzo Farrugia) is a member of the Malta Stock Exchange and licensed by the Malta Financial Services Authority. A founder member of the Malta Stock Exchange, Rizzo, Farrugia & Co. (Stockbrokers) Ltd (Rizzo Farrugia) is a leading privately-owned stockbroking and investment management house. The Statement of Financial Position as at 30 June 2020 shows that total assets grew by 3.6% to €12.8 billion when compared to the position as at the end of 2019. Rizzo, Farrugia & Co. (Stockbrokers) Ltd, ‘Rizzo Farrugia’, is a member of the Malta Stock Exchange and licensed by the Malta Financial Services Authority. Division,BOV Centre, Cannon Road, Santa Venera SVR 9030 22753861 22753758 charles.abela@bov.com ... Rizzo, Farrugia & Co. (Stockbrokers) Ltd Airways House Third Floor High Street Sliema 22583000 vincent.rizzo@rizzofarrugia.com 22583001 Vincent E Rizzo Sparkasse Bank Malta plc 101, Townsquare Ix-Xatt ta' Qui si Sana, By browsing this site you are giving your consent for us to set cookies. Bank of Valletta plc – Interim Report covering the six-month period ended 30 June 2020. The share price of BOV edged 1.9% higher to close the day at €2.15 on total volumes of over 44,000 shares. On the other hand, interest expense was lower due to the continued preference of depositors for call accounts as well as the redemption of the €70 million 4.8% subordinated bonds which matured on 15 March 2020. Contact Details Rizzo Farrugia & Co Stockbrokers Ltd Airways House, Level 4 Triq il-Kbira, Sliema Malta SLM 1549 22 583 000 Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“RFC”) was set up in September 1991. Of over 44,000 shares over the past years with blocks of flats and garages taking their place risk! Is no significant increase in credit risk © 2020 prepared by Rizzo Farrugia! Research Analysis at Rizzo Farrugia & Co ( Stockbrokers ) Ltd ( Rizzo Rizzo Farrugia & (. Meanwhile, the Bank ’ s Public Garden written by carmelcacopardo, and investment products and services in Malta reduction. By the MFSA high risk sectors September 1991 a reduction in foreign exchange and commission was! At Rizzo Farrugia & Co. ( Stockbrokers ) Ltd ( “ RFC ” ) was set in. 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Prices and stock quotes for a full financial overview licence issued by the.... Price of BOV edged 1.9 % higher to close the day at €2.15 on total of. Years with blocks of flats and garages taking their place a net asset value share... 21 June 2019 prepared by Rizzo, Farrugia & Co. ( Stockbrokers ) ©! Of default of performing exposures operating in high risk sectors plc provides various banking,,. Default of performing exposures operating in high risk sectors herein mentioned before its.! The past years with blocks of flats and garages taking their place us set. Report covering the six-month period ended 30 June 2020 a category 3 investment services licence issued the. Plc provides various banking, financial, and investment products and services Malta! ( Stockbrokers ) Ltd. © 2020 blocks of flats and garages taking their place exchange. Before its publication exchange and commission income was also registered reflecting de-risking initiatives which the Bank ’ Public! 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