The deal will allow BOV clients to access a range of Barclays Wealth investment solutions and services which were previously not available onshore in Malta.
The partnership provides opportunities for BOV’s clients to access Barclays proprietary funds (including the Global Beta range of funds) and other services and solutions.
Bank of Valletta CEO Tonio Depasquale said through this agreement, Bank of Valletta customers will benefit from Barclay’s expert support and specialists in the market sector through BOV’s team of financial advisors.
Barclays Wealth managing director Pete Horrell said that this alliance hits the sweet spot for the international Intermediaries business, cementing a partnership with a well established and highly regarded financial institution in a market where Barclays does not have an onshore presence.
"We will be working closely with BOV to provide access not only to our funds, but to support and advice throughout the distribution process," added Horrell.
