Last Updated 09 | 05 | 2013 at 16:39
Business & Technology / Finance
The Emirates Group has today announced it 25th consecutive year of profit and company-wide growth ending the year in a strong position despite continuing high fuel prices and a weak global economic ...Read More >>
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Counterfeit euro banknotes decrease by 25%
Date: Mon, 03/18/2013 - 19:00
In the second half of 2012, the number of counterfeit euro banknotes reported to the Central Bank of Malta amounted to 713, 25% lower than the first half of the same year. This brought the total of counterfeits withdrawn from circulation for the whole of 2012 to 1,664... -
GO hits another 52-week high of €1.43,9
Date: Mon, 03/18/2013 - 13:58
GO placed as the best performer of the day as the equity edged up 2.06% across six deals to close at a 52-week high of €1.43,9. On the other hand, SanTumas Shareholdings sustained a decline of 5.03% on a single deal of 1,000 shares to close at €1.70. Malta... -
HSBC Life Assurance acquire European insurance portfolio
Date: Mon, 03/18/2013 - 13:16
HSBC Life Assurance (Malta) Limited has agreed to enter into a Portfolio Transfer Agreement with HSBC Life (Europe) Limited (HLE) for the acquisition of HLE’s insurance policy book for nil consideration by in the fourth quarter of 2013 -
Lombard reports profit of €9.4 million
Date: Fri, 03/15/2013 - 17:39
Lombard Bank reported a profit before tax of €9.4 million, a decrease of 15% from last year due to the effect of non-recurring transactions, as well as negative movement in international postal tariffs. -
FIMBank shares trade in high volumes
Date: Fri, 03/15/2013 - 13:33
FIMBank traded in high volumes as 380,500 shares were negotiated across six deals dragging the equity 3.45% lower to close at US$0.98. Bank of Valletta recovered part of the previous session’s losses up 0.9% on a total turnover of 39,912 shares to close the last... -
MAPFRE records €25,301.2 in revenue
Date: Fri, 03/15/2013 - 09:30
MAPFRE’s Annual General Meeting of Shareholders approved the Group’s financial statements, which recorded revenues of €25,301.2 million and a net result of €665.7 million in 2012. These positive results were made possible by its international and business... -
Malta International Airport hits a multi-year high of €1.90
Date: Thu, 03/14/2013 - 14:22
Malta International Airport was the only equity to register gains as the share price registered an increase of 5.56% to hit a multi-year high of €1.90. Major bank moved lower as HSBC Bank edged down a fraction of a cent on a turnover of 35,000 shares to close at €2.74,... -
CBM monetary statistics for November 2012
Date: Wed, 03/13/2013 - 15:32
The Central Bank of Malta has issued its commentary on the release of monetary statistics for November 2012. Contribution to euro area monetary aggregates and counterparts -
FIMBank launches Easisave Fixed Term Deposits
Date: Wed, 03/13/2013 - 14:11
FIMBank plc has launched its Easisave Fixed Term Deposit, an internet-based product enabling customers to open term deposits for fixed periods between three months and three years, offering competitive interest rates ranging from 2.7% to 4.25% per annum. -
MSE index moves lower for 3rd consecutive session
Date: Wed, 03/13/2013 - 14:06
The MSE index finished Wednesday’s session in negative territory for the third consecutive session, down 0.06% to 3314.638. Four deals were executed in HSBC shares without affecting the last traded price of €2.75 and Bank of Valletta edged down 0.22% to close at €2.26...
