19/09/2017
In 1990 I wrote my first 'mission statement' for a bank. They were still coming into fashion then and over the years I came to dislike mission statements. Why such grandiose-sounding text to address a simple question: 'what is your main purpose'? My reply to that question is prompt and unequivocal...
Read More
|
04/09/2017
Many of us lived through the evolution of the present MFSA from the original Malta International Business Authority (MIBA) of 1989... that was a time when only a handful other authorities existed in Malta.
Read More
|
31/07/2017
On 20 July I attended the opening of a concluding Seminar on the Green Roof Project, held at the University of Malta. The 4-year project has been exploring the feasibility and best practices for green roofs in Malta.
Read More
|
21/07/2017
The reduction of non-performing loans (or NPL) is one of the supervisory priorities set by the ECB for 2017. Hardly surprising, considering that these amounted to about €1 trillion for the significant banks in the Euro area.
Read More
|
13/07/2017
This is a question I often get asked about APS. So the 'AP' refers to the action-group who in 1910 decided to take the Church social agenda to the community. And the 'S' stands for their project of creating a savings institution which became a bank. Over the years APS developed very much like what in America they call an S&L, strong in home loans.
Read More
|
05/07/2017
I spent summer of 1992 training at the Federal Reserve Bank of Atlanta and in Washington D. C., the latter experience made special by the excellent hospitality of Vince Cremona, the Maltese Chief of Protocol to Chairman Alan Greenspan.
Read More
|
28/06/2017
This blog comes to life on 1 July 2017, exactly 18 months since I took over as CEO of APS Bank.
Read More
|