Established in 1994, Izola Bank provides competitive, straightforward and easy-to-use financial products to both personal and corporate clients.
Becoming a client of Izola Bank plc can be done in a few steps:
Due to regulatory requirements Izola Bank plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Izola Bank plc will ask him/her to provide the following documents: passport or ID card; proof of address. For corporate clients Izola Bank plc will ask to provide corporate documentation as well as information about controlling persons. Izola Bank plc may request additional documentation or information depending on the case.
Izola Bank plc is the 13th largest bank in Malta in terms of total assets. In 2018 its total assets were 237,15 mln EUR, providing the bank with the market share of 0.83%. In 2018 the bank's profit before taxes was 2,44 mln EUR. Izola Bank plc had 28 employees in 2017.
Izola Bank plc participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. Izola Bank plc is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.
Izola Bank plc is headquartered in Valletta.
Izola Bank plc has profiles at the following social networks: