News Details

APS Bank joins the Loan Market Association

APS Bank has become a member of the UK-based Loan Market Association (LMA).

The LMA was set up in 1996 and is made up of 640 members from 61 different countries, with a mix of banks, law firms, borrowers, regulators and educators which come together to promote syndicated loans as a key debt product and to establish sound, acceptable practices in the primary and secondary markets.

"I'm confident that this membership will make us more pro-active to the needs of the loan market, while giving our customers peace of mind on the transparency of our lending products", said Marvin Farrugia, Senior Manager Asset-Liability Management at APS Bank and the Bank's Nominated Representative for the LMA.