Established in 1994 Izola Bank is wholly owned by Van Marcke Group, a family-owned Belgian company specialized in plumbing and heating. Izola Bank provides tailor-made financing solutions for SMEs and large companies in Malta and Belgium, including commercial credit facilities, long-term loans and overdrafts, tailor-made structured loans. Izola Bank also offers retail deposits in a number of European countries, providing it with a more diverse and liquid source of funding.
In 2022, Izola Bank plc achieved the position of 10th largest bank in Malta with a market share of 1.32%; its total assets grew by 4.74%.
Additionally, the bank became the 10th profitable bank in relation to its total assets showcasing -0.07% return on assets and -1.00% return on equity in 2022.
Deposits up to 100,000 EUR are covered by Maltese deposit guarantee scheme in Izola Bank plc.
Becoming a client of Izola Bank plc can be done in a few steps:
In 2023 total assets of Izola Bank plc were 507.95 mln EUR. In 2023 the bank's net income was -1.24 mln EUR. As of 2017, the bank employed 28 people.
Izola Bank plc protects deposits up to up to 100,000 EUR per depositor through Malta's deposit guarantee scheme. The scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign). The bank participates in the Depositor Compensation Scheme (DCS), making regular contributions into it.
Izola Bank plc is headquartered in VALLETTA.
Izola Bank plc has profiles at the following social networks: