MBR_ISSUE 43_LOWRES

Malta Business Review
NEWSMAKERS
TWO NATIONS JOINED BY
COMMON HERITAGE
Credit: MEW
During a press conference in Gela, Sicily,
Minister for Energy and Water Management
Joe Mizzi addressed the Malta-Sicily gas pipeline
with Gela Mayor Domenico Messinese, Vice-
Mayor Simone Siciliano, Council President
Alessandra Ascia, and other representatives
and counsellors from the region.
The press conference coincided with the
feast of Our Lady of Graces, currently
being celebrated in Sicily and traditionally
celebrated in Żabbar. Minister Mizzi noted
that this was a clear indication of the common
heritage and link between the two countries.
Minister Mizzi expressed gratitude to the
Municipality of Gela for its continuous
support in the last few months in relation
to the project for the development of a
gas pipeline between Malta and Gela - an
international energy project identified by the
European Union as a project of importance at
European level to ensure that the European
Gas Network is further extended to link Malta
to the European mainland.
The Minister also thanked the representatives
of the Municipality of Gela and the other
authorities and institutions involved for
their professionality and support in the
preparatory phase for the project especially
with reference to the public consultation
held in Gela last April aimed at understanding
the opinions and concerns of the citizens of
Gela with regards to the project to address
these concerns during the design and
implementation of the project.
Minister Mizzi concluded by once again
noting the importance of the geographical
and socio-cultural link between Malta and
Sicily and the mutual benefits that could be
reaped through collaboration.
“In this way the gas pipeline project can also be
seen as a catalyst for closer relations between
our populations and hence leaving a positive
effect on the daily lives of our citizens through
the promotion, coordination, and strengthening
of our mutual collaboration in areas of common
interest such as tourism, culture, artistic
heritage, youth and sports”. MBR
Creditline: The Ministry For Energy and Water
Management
WORLD’S FIRST CONVERTIBLE
COIN OFFERING PLATFORM
The world’s first convertible coin offering
platform was officially launched with Prime
Minister Joseph Muscat saying that the
blockchain technology will be a harbinger
of a new economic niche for the country
which in turn will create more jobs and
wealth. The offering by the company
Palladium saw its chairman Paolo Catalfami
saying that the project will create more
than 100 job opportunities. Palladium uses
blockchain technology to bond banking
with cryptocurrency and had its prospects
approved by the MFSA and is subject to
stringent EU laws. Malta is one of the
first countries worldwide to regulate this
technology creating an ideal ecosystem for
companies, start-ups, and investors. MBR
Creditline:Malta Stock Exchange, Valletta
Credit: DOI - Jason Borg
EQUIOM MALTA RAISES SMILES
AMONG LOCAL CHILDREN
Equiom Malta recently organised a trip to
the zoo for the children of St. Rita Home
orphanage in Tarxien. Staff from Equiom
Malta accompanied 13 children from the
orphanage to the Wildlife Park in Rabat for
the day where the children observed the
animals and were treated to lunch.
The team at Equiom Malta also made a
donation of €500 to St. Rita Home through
a mix of fundraising activities and corporate
donations. In addition, they gifted toys to the
children in partnership with Playmobil.
Stephanie Sammut, Colin Gregory,
Edward Saliba and Tiziana Calleja from
Equiom Malta are pictured handing over
the cheque to the sisters at St. Rita Home.
Colin Gregory, Managing Director of Equiom
Malta commented: ‘I am pleased that we
were able to help out in such an important
way. Many of these children had never visited
the zoo before so it was a great experience
both for them and for the staff. I would like
to thank the team at Equiom Malta for giving
up their free time on a public holiday to make
this event happen. Special thanks also to
eCabs for providing the transport, Playmobil
for the toy donations and the Wildlife Park
for entry to the park free of charge for the
children. This was a great initiative and I am
looking forward to offering more support to
St. Rita’s in the future.’
St. Rita Home is an orphanage run by the
St. Ursuline Sisters. It is home to 16 local
children cared for by four nuns who dedicate
their lives to providing a safe and nurturing
environment. MBR
Creditline: Equiom
FIMBANK HOSTS CORPORATE
CLIENT EVENT
IMBank recently hosted a reception for its
local corporate clients which was held at the
Bank’s Head Office. The event served as an
excellent opportunity for the Bank’s clients to
interact with their Relationship Managers and
customer-facing employees. The Chairman
and CEO of FIMBank greeted the clients and
thanked them for their attendance.
Jason Zammit, Head of Real Estate stated that,
“FIMBank has built a reputation on its ability
to build strong relationships with its clients.
As a customer centric Bank which proactively
listens to its clients, we are committed
towards tailoring financial solutions to meet
their specific needs.” He also emphasised on
the importance of such events as it enables
the Bank to build a stronger rapport with its
growing local customer base. In addition to
FIMBank’s real estate finance proposition,
the Bank also offers a comprehensive
range of trade financing, factoring and cash
management services.
Describing the Bank’s client relationship
management approach, FIMBank’s Head
of Cash Management Chris Trapani said
that, “The Bank is strongly geared to offer a
wide range of Cash Management services
to businesses. Our strategy hinges on a
personalised approach, with a consistent
commitment to adapt to the latest technology
and innovation to provide added value to all
our clients.” MBR
Creditline: FIMBank
FIMBank Corporate Client Event
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