APS Bank’s Board and Management meet to discuss 2025-2027 business plan

On 20th November, APS Bank Directors and Senior Management met to finalise the discussions on the bank’s 2025-2027 business plan.

Held over a focused, full-day session, the event covered the bank’s financial projections, macroeconomic landscape, challenges, opportunities and strategic priorities for the years ahead.

Various presentations were delivered, analysing the different sections of the business plan and its many component parts. Among other things, the detailed financials were assessed against the bank’s risk appetite, aligned with the strategic objectives, and stress-tested for resilience, enabling the senior leadership present to chart the priorities for the bank’s growth.

CEO Marcel Cassar commented that for a retail, commercial bank to thrive profitably, it must compete in respect of capital, funding, talent, innovation and resilience.

“From whichever angle one looks at our future trajectory and ambitions, including how we continue fulfilling our vision and mission, we need to look at these five critical levers,” he continued.

As the bank plans ahead for its future, APS Bank could be facing much change as it recently confirmed it submitted a non-binding bid to acquire 70.03 per cent of shares in HSBC Bank Malta from its parent company, HSBC Holdings plc.

It had revealed that it was working closely with Alvarez & Marsal as its lead financial adviser and Ganado Advocates as legal counsel.

Furthermore, the Bank's Board of Directors and Management have also commenced discussions with key stakeholders, with a particular focus on its Qualifying Shareholders:

• AROM Holdings Ltd - owns 55 per cent of APS Bank.
• The Diocese of Gozo - owns 12.7 per cent.