Novum Bank Limited was established in Malta in 2009 and is a subsidiary of Novum Holdings Limited. Since 2014, Novum Bank expanded its operations to attract new customers from Germany, Poland, Spain, the Netherlands, France and Austria. Novum Bank provides Cards and Stored Value solutions. The range of solutions includes reloadable prepaid Mastercard cards and Mastercard Gift Cards, and short-term micro-loans.
Novum Bank Limited is the 17th largest bank in Malta in terms of total assets. In 2017 its total assets were 89,00 mln EUR, providing the bank with the market share of 0.33%. In 2017 the bank's profit before taxes was 2,00 mln EUR. Novum Bank Limited had 70 employees in 2015.
Novum Bank Limited participates in deposit guarantee scheme of Malta. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Novum Bank Limited is headquartered in Ta' Xbiex.