Sparkasse Bank Malta plc is a public limited liability company registered in Malta. Its corporate headquarters is in Sliema, the capital of Malta. It is a member of the Austrian Savings Bank Group and is licensed to carry on banking activities and offer custody and depositary services. It is a custodian of retirement schemes. It was established in 2000 and has grown to serve 40% of the local market.
The bank has also been able to expand its services outside of Malta as a result of the new license. The financial organization aspires to be Europe’s preferred bank for investment businesses.
The investment bank’s recent investment in technology has enabled it to become one of the leading banks in the region. Its investment in systems and a custody network has enabled it to become the leader in the sector. Its team of professional advisers and specialists is dedicated to providing depositary and custody services. They also offer personal support and oversight services. Its recent acquisition of Fortia Paris is a further sign of its commitment to providing sophisticated and comprehensive solutions to institutional and individual clients.
The new license for the bank’s custody and depositary services demonstrates the bank’s commitment to growing its services globally. The company’s investment in technology has set the ground for its international development. According to a recent investigation commissioned by the Times of Malta, the corporation intends to use this new license to establish a global footprint.
The bank provides a wide range of services, including investing and depositary services, as well as retirement planning. Its Custody Division offers a wide range of high-quality services to pension funds. The investment and custody business of the bank is committed to offering high-quality services to its clients. The firm expects a significant increase in the number of retirement pension schemes in Malta. A specialized team of specialists with experience in financial institutions supervises and manages assets for its clients. Read more here: https://www.newsanyway.com/2021/12/14/sparkasse-bank-malta-the-bank-for-the-investment-services-sector/