Mur Lura
SPEECH BY THE HON JOHN DALLI, MINISTER OF FINANCE, ON THE OCCASION OF THE LAUNCH OF BARCLAYS INTERNATIONAL INVESTMENTS (MALTA) LTD. AND BARCLAYS REPRESENTATIVE OFFICE ANNIVERSARY – ST. JULIAN'S
pr1029
06/07/2001
06/07/2001
| Ladies and gentlemen, two years ago I was invited | to attend the launch of the Barclays Representative Office in Malta, and I am therefore delighted to be here this evening to say a few words at this reception, marking the further expansion of Barclays in Malta. |
| The Barclays name is one that has long associations | with Malta and, as the very interesting exhibition of Barclays memorabilia shows, the connection with Malta goes back to well over 100 years. |
| Of course, this connection is based on the | fundamental links that exist between Malta and the UK which, in this new millennium, are as strong as ever. As I remarked in my presentation at the inaugural reception for Barclays in 1999, most of us on the island have some involvement with the UK through our families, jobs, education or travel. |
| In fact, this international link between Malta and | the UK serves as a good reminder to us of the continuing need for cross-border co-operation between nations. In the world of banking and finance, such co-operation has never been more important than at present as countries throughout the world combine to combat money laundering in particular and economic crime in general. |
| Against this background, the presence of an | International Bank such as Barclays in Malta is indicative of how hard members of our financial and professional communities have been working in recent years to raise the profile of Malta as a financial centre. |
| Barclays’ decision to form a new Maltese registered | subsidiary company, Barclays International Investments (Malta) Ltd, and to apply for an investment services licence through the MFSC, is a sign, not only of Barclays’ commitment to Malta, but also of Malta’s success in raising its profile and attracting multi-national companies to its shores. |
| This is another opportunity for Maltese investors to | have their savings managed by professional advisors through Maltese funds. This is another call for all those with investments abroad to repatriate their savings and make good use of the financial infrastructure that we have built in Malta. |
| It is therefore my pleasure to officially welcome | this latest addition of the Barclays Group, Barclays International Investments (Malta) Ltd, to Malta and to repeat my welcome to the Representative Office as it begins its third year of business. |
Thank you.
Ixxerja din l-istqarrija
Stqarrijiet Oħra:
PR261926
STQARRIJA MILL-UFFIĊĊJU TAL-PRIM MINISTRU “Sodisfatt bil-qbil bejn il-mexx...
PR261925EN
PRESS RELEASE BY THE MINISTRY FOR EUROPEAN FUNDS, SOCIAL DIALOGUE AND CONSU...
