Sparkasse Bank Malta plc launches Discretionary Portfolio Management services as part of its suite of investment services.

Sliema, Malta 2025 - Sparkasse Bank Malta plc (“the Bank”) is proud to announce the launch of its new discretionary portfolio management service. This milestone follows the recent extension of the Bank’s existing investment services license, granted by the Malta Financial Services Authority and approved by the ECB.

The newly introduced discretionary portfolio management service aims to provide the Bank’s customers with investment strategies which are tailored to their financial goals and risk tolerance. The knowledge and expertise of the Bank’s portfolio managers will help customers optimize performance and ensure long-term growth. 

Paul Mifsud, the Bank’s Managing Director, expressed enthusiasm about this development: “This expansion marks an exciting chapter in the Bank’s journey to better serve our customers. The Bank was already uniquely positioned to provide banking, custody and advisory solutions to its customers. By adding discretionary portfolio management to our offering, we are reinforcing our position as a trusted partner and empowering our customers with opportunities for financial success. This new service offering is befitting of the Bank’s profile and positioning within the industry and it is with pleasure that we announce this during 2025, whilst celebrating our 25th anniversary.”

Karl Micallef who will head this service at the Bank said: “The launch of the discretionary portfolio management service underscores the Bank’s dedication to stay at the forefront of the Private Banking industry while maintaining the highest standards of governance, compliance and professionalism. The technical expertise within the team combined with the existing banking and custody capabilities and new state-of-the-art systems, put the Bank in a very strong, unique position. This allows us to service the banking and investment needs of our customers in a successful manner.”

For more information about Sparkasse Bank Malta plc and its suite of banking, custody and investment services, please visit www.sparkasse-bank-malta.com or contact Karl Micallef on karl.micallef@sparkasse-bank-malta.com.