NBG Bank Malta Ltd

NBG Bank Malta Limited (formerly Finansbank (Malta) Limited) was incorporated in 2005. Designed to be a fast serving, efficient and flexible corporate banking unit, NBG Bank Malta provides its products and services to small- and medium-sized enterprises, large corporate clients and high net worth individuals.

Services

Corporate Banking
Wealth Management

Financials

Total Assets (2017)
645.00 mln EUR  (+10.26%)
Profit before Taxes (2017)
7.00 mln EUR  (-12.50%)
Number of Employees (2015)
27  (+8.00%)

NBG Bank Malta Ltd is the 8th largest bank in Malta in terms of total assets. In 2017 its total assets were 645,00 mln EUR, providing the bank with the market share of 2.38%. In 2017 the bank's profit before taxes was 7,00 mln EUR. NBG Bank Malta Ltd had 27 employees in 2015.

NBG Bank Malta Ltd participates in deposit guarantee scheme of Malta. This scheme covers accounts up to 100 000 EUR per bank per depositor.

NBG Bank Malta Ltd is a member of National Bank of Greece (Greece).

Contacts

302 / 304, Townsquare, Qui Si Sana Place, Sliema, SLM 3112, Sliema, Malta
21318969
21320991

NBG Bank Malta Ltd is headquartered in Sliema.

Bank Identifiers

BIC (SWIFT)
FNNBMTMTXXX
MFI ID
MTCIFINS

Business Summary

Services
corporate banking
wealth management

NBG Bank Malta Ltd provides products and services in the areas of corporate banking, wealth management.

Financial Positions

Total Assets (2017)
645.00 mln EUR  (+10.26%)

In 2017 total assets of NBG Bank Malta Ltd were 645.00 mln EUR. Growth compared to the previous period (2016) was 10.26%. The evolution of the total assets of NBG Bank Malta Ltd is shown at Chart 1 below.

Total Assets of NBG Bank Malta Ltd.

Chart 1. Total Assets of NBG Bank Malta Ltd.

Profit and Loss

Profit before Taxes (2017)
7.00 mln EUR  (-12.50%)
Annual Profit (2016)
6.00 mln EUR  (-53.85%)

Recent changes in gross profit of NBG Bank Malta Ltd and its main components are shown in Table 1.

2016 2017 % change
Net Interest Income 15.0 10.0 -33.33%
Net Commission Income 0.0 0.0
Table 1. Recent changes in gross profit of NBG Bank Malta Ltd (mln EUR).

In 2017 profit before taxes of NBG Bank Malta Ltd was 7.00 mln EUR. Decline compared to the previous period (2016) was -12.50%. The evolution of the profit before taxes of NBG Bank Malta Ltd is shown at Chart 2 below.

Profit before Taxes of NBG Bank Malta Ltd.

Chart 2. Profit before Taxes of NBG Bank Malta Ltd.

In 2016 annual profit of NBG Bank Malta Ltd was 6.00 mln EUR. Decline compared to the previous period (2015) was -53.85%. The evolution of the annual profit of NBG Bank Malta Ltd is shown at Chart 3 below.

Annual Profit of NBG Bank Malta Ltd.

Chart 3. Annual Profit of NBG Bank Malta Ltd.

Number of Employees

Number of Employees (2015)
27  (+8.00%)

In 2015 there were 27 employees of NBG Bank Malta Ltd. Growth compared to the previous period (2014) was 8.00%. The evolution of the number of employees of NBG Bank Malta Ltd is shown at Chart 4 below.

Number of Employees of NBG Bank Malta Ltd.

Chart 4. Number of Employees of NBG Bank Malta Ltd.

Market Share and Rank (among banks in Malta)

Total Assets (2017)
8th (market share 2.38%)

In 2017 NBG Bank Malta Ltd was ranked the 8th largest bank in Malta in terms of total assets, having 2.38% of the domestic market share.

Market share of NBG Bank Malta Ltd (among banks in Malta)

Chart 5. Market share of NBG Bank Malta Ltd (among banks in Malta)

Several banks having the market shares and ranks closest to NBG Bank Malta Ltd are shown below.

RankNameTotal AssetsMarket Share
7CommBank Europe Ltd.660.00 mln EUR2.43%
8NBG Bank Malta Ltd645.00 mln EUR2.38%
9BNF Bank plc568.00 mln EUR2.09%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Malta, except for branches of non-EEA banks, are obliged to participate in Maltese deposit guarantee scheme.

In the case of NBG Bank Malta Ltd failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  most types of deposit are covered, including current, deposit and savings accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  in the same currency as the deposit

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of NBG Bank Malta Ltd and its components are shown in the table below.

BIC  FNNBMTMTXXX
Bank BIC Code  FNNB
Country Code  MT (Malta)
Location Code  MT
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of NBG Bank Malta Ltd is shown in the table below.

MFI ID  MTCIFINS

Domestic Presence

Branches (2015)

In 2015 NBG Bank Malta Ltd had 1 branches in Malta. The value didn't change compared to the previous period (2014).