Lombard Bank Malta plc was initially established in Malta in 1955 and was nationalised in 1975. In 1991 the Government of Malta sold its equity in Lombard Bank, which was then listed on the Malta Stock Exchange in 1994. Lombard Bank Malta provides a range of retail, private and corporate banking products and services.
Becoming a client of Lombard Bank Malta plc can be done in a few steps:
Due to regulatory requirements Lombard Bank Malta plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Lombard Bank Malta plc will ask him/her to provide the following documents: passport; proof of address. For corporate clients Lombard Bank Malta plc will ask to provide corporate documentation as well as information about controlling persons. Lombard Bank Malta plc may request additional documentation or information depending on the case. Lombard Bank Malta plc performs client's identity verification via branch visit.
Lombard Bank Malta plc is the 6th largest bank in Malta in terms of total assets. In 2018 its total assets were 919,24 mln EUR, providing the bank with the market share of 3.23%. In 2018 the bank's profit before taxes was 12,63 mln EUR. Lombard Bank Malta plc had 166 employees in 2017.
Lombard Bank Malta 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. Lombard Bank Malta plc is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.
Lombard Bank Malta plc is headquartered in Valletta.
Lombard Bank Malta plc has profiles at the following social networks: