Last Updated on Wednesday, 10 July, 2019 at 12:31 pm by Christian Keszthelyi
BNF Bank received an award entitled “Best Small and medium-sized enterprises (SME) Partner Bank Malta 2019” by the London-based business publication The European, according to a BNF Bank press release.
The European’s annual awards acknowledge the achievement, innovation and excellence of those corporate organisations who demonstrate the business decision making, good governance and expertise that enable them to reach these goals.
“We do not have a bias towards larger and more dominant firms. We recognise smaller participants, growth companies, and niche startups, and we asses companies purely on what sets them apart from the rest, regardless of the size of their practice,” said a representative of The European.
Targeting decision makers around the world, the publication says it covers a “broad spectrum” of global business affairs. The publication also gathers its news and opinion pieces from “leading sources” and seeks contributing authors to share their experience in providing cutting-edge thought leadership and commentary at the most senior level, according to the press release, the press statement says.
“We are elated to receive this award because it is a clear acknowledgement of BNF’s strategic and operational direction that has reaped great results in business consolidation,” said Michael Collis, Chief Executive Officer of BNF Bank. “Over the past year, we have worked to strengthen even further our relationships with personal customers and business clients, to deliver products that are focused and relevant as well as streamlined services that are superior. On behalf of the Board of Directors, I would like to thank the BNF team, without whose motivation, dedication and on-the-job expertise, we would not have been able to register such success,” he added.
“Our BNF Business Accelerate, which we manage with the collaboration of the European Investment Fund, has attracted many takers, proving popular among SMEs in different stages of their business cycle, from startups to those in a phase of growth and expansion, and onto more established and mature SMEs,” said Melvin Pellicano, BNF’s Head of Business Development. “The product facilitates access to finance to Maltese SMEs at lower interest rates and reduced guarantee and collateral requirements,” said Melvin Pellicano, BNF’s Head of Business Development.