Created by Anna Mileiko, last update 3 November 2023 
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.
In 2018, Novum Bank Limited achieved the position of 18th largest bank in Malta with a market share of 0.20%; its total assets dropped by 35.96%.
Additionally, the bank became the 14th profitable bank in relation to its total assets showcasing -2.33% return on assets in 2016.
Deposits up to 100,000 EUR are covered by Maltese deposit guarantee scheme in Novum Bank Limited.
online banking
Novum Bank Limited is the 18th largest bank in Malta in terms of total assets. In 2018 its total assets were 57,00 mln EUR, providing the bank with the market share of 0.20%. Novum Bank Limited had 70 employees in 2015.
Depositor Compensation Scheme (DCS)Novum Bank Limited participates in the deposit guarantee scheme of Malta which 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. Novum Bank Limited is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.
THE EMPORIUM,,TRIQ C. DE BROCKTORFF, XBX 1403, L-IMSIDA, Malta
23395000
23395100Novum Bank Limited is headquartered in L-IMSIDA.
Novum Bank Limited has profiles at the following social networks:
European Union
