BNF Bank rings the bell to mark listing on the Malta Stock Exchange

BNF Bank p.l.c. has celebrated its very first listing on the Malta Stock Exchange with the traditional “Ringing of the Bell” ceremony.

The Bank’s bond issue was a resounding success, allocating its €5,000,000 over-allotment option in full and closing the issue at €20,000,000 one week in advance of its closing date.

With the new shareholders taking over the Bank’s majority stake in 2016, BNF has delivered a resilient and robust financial performance, and has gained a reputation for its personalised service and customer-centric approach.

The listing will enable the Bank’s continued growth plans, delivering high-quality service to its customers and supporting the community which it serves.

Chief Executive Officer and Managing Director Michael Collis said he was very satisfied with the successful closing of the bond issue.

“We are very pleased with the market’s response and the strong show of confidence by local investors. We thank our appointed sponsor and manager, Jesmond Mizzi Financial Advisors, legal counsel, Ganado Advocates, and the Malta Stock Exchange as the registrar for their support in this issue.”