Cookies
This website uses cookies in order to improve user experience. Please click 'I accept' to consent the use of this technology by Bank of Valletta p.l.c. Click here for more information on cookies or to view the Bank's Privacy Notice.
Facebook - Bank of Valletta - BOV Group
Twitter - Bank of Valletta - BOV Group
YouTube - Bank of Valletta - BOV Group
LinkedIn - Bank of Valletta - BOV Group
Instagram - Bank of Valletta - BOV Group
Get in touch - Bank of Valletta - BOV Group
Customer Service Centre - Bank of Valletta - BOV Group
Bank of Valletta - BOV Group
I want
Products
My Toolkit
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • BOV Properties Call for Tenders for the sale of BOV properties ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
Maximise Banner
Minimise Banner
next Previous
next Previous
next Previous
next Previous
Home > BOV, Malta Chamber and Saxo Bank debate on the future of businesses
BOV News Feed
Bank of Valletta marks International Education Day
26 January 2021
BOV Player of the Month – December 2020 - Hamrun’s Dodo Soares wins last award of Year
25 January 2021
Invest in green energy with the new BOV Personal Energy Loan
22 January 2021
BOV Female Players of the Month
19 January 2021
The BOV Calendar 2021 – A showcase of Malta’s Artists
15 January 2021
BOV GFA Player of the Month - Xewkija forward Rodney Buttigieg nets December Award
14 January 2021
A Revival of Giuseppe Calì’s mastery
13 January 2021
Scheduled System Maintenance
08 January 2021
BOV Player of the Month - Jean Paul Farrugia wins November Award
06 January 2021
The Equity Market beyond the Pandemic
04 January 2021
Bank of Valletta donates gifts to 200 children
29 December 2020
BOV, Malta Chamber and Saxo Bank debate on the future of businesses
25 Sep 2020
Bank of Valletta together with The Malta Chamber and Saxo Bank recently co-hosted a ‘Blue Sky or Eye of the Storm’ webinar, during which market experts debated the expected outcomes and changes for businesses. 

The year 2020 has been a challenging era of changes that is expected to re-shape entire business landscapes. Marisa Xuereb, Deputy President of The Malta Chamber stated that despite the threats brought about by COVID-19, businesses can also benefit from many emerging opportunities. She predicted that the greatest impact will be on labour forces, were employees will be expected to up-skill to match the requirements in a post-COVID environment. 

Group Head Macroeconomic Analyst, Christopher Dembik, focused on addressing the idea of a ‘New World’. The analyst from Saxo Bank believes that automation, remote working environments and green initiatives are expected to become the common trends amongst upcoming industries. While addressing potential opportunities, Mr Dembik forecasted that due to a 70% reduction in travel and tourism sectors, the lack of liquidity will have an adverse long-term impact on entities and direct implications on the Gross Domestic Product (GDP). 

Bank of Valletta investment experts elaborated on risks and opportunities for local businesses moving forward during these turbulent moments. Steve Ellul from BOV Asset Management claimed that businesses have already stopped and re-thought their strategies, as leading CEOs are re-engineering their business natures. “Not only are we moving towards digitalisation, but this is being done horizontally across diverse sectors” stated Mr Ellul. He remarked that ESG investment will eventually be sought as a profitable venture and not just as an additional cost. 

Matthew Farrugia from BOV Wealth Management emphasised how creativity and innovation are crucial for Maltese industries. While liquidity is a problem that businesses are already facing, Mr Farrugia expressed that now may be the time for local businesses to innovate and rejuvenate their portfolios. He concluded that “while Malta is a small country, this can potentially mean that communication on market changes between business leaders can be faster and more efficient”. 

These webinars are purely for information purposes. Any information during this session is not and should not be construed as an offer or recommendation to sell or solicitation of an offer or recommendation to purchase or subscribe for any product. Issued by Bank of Valletta p.l.c., 58, Triq San Zakkarija, Il-Belt Valletta VLT 1130.  Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap.371 of the Laws of Malta) and the Investment Services Act (Cap.370 of the Laws of Malta). 
Facebook - Bank of Valletta - BOV Group
Twitter - Bank of Valletta - BOV Group
Linked In - Bank of Valletta - BOV Group
Share this item by email - Bank of Valletta - BOV Group
Share this item:
Print page
Sort reviews by:
Add a review
This item has no reviews yet.
My Guide has identified the following related material
next Previous
Calendar of Events
 
Quicklinks
BOV News Feed
next Previous
BOV Pjazza
next Previous
Get In Touch
Find Us
Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).
© Copyright - Bank of Valletta - Malta | Privacy Notice | Sitemap
developed by
Aqubix