‘The key driver in our industry for the foreseeable future is technology’ – Michael Collis

Outgoing BNF CEO and Managing Director Michael Collis, insisted that one of the main drivers in the banking industry “for the foreseeable future is technology.”

Commenting at The Banker’s Award ceremony recently held in London, Mr Collis said that “it is a moment of great pride for all the team at the Bank to be awarded this prestigious award for the third year running.”

In fact, this is the third consecutive year in which BNF Bank has won The Banker’s Award as Malta’s Bank of the Year.

“As a trusted source of banking information since 1926, we thank The Banker for the award, who has navigated its way through years of covering the global banking industry and can identify and award the bright stars of this sector,” Mr Collis added.

“We have kept our position as one of the leading reputable financial institutions in Malta and as a systemic contributor to Malta’s resilient economy, while making inroads in being the Bank of Choice among local consumers,” the CEO proudly stated adding that the bank “remain[s] committed to giving a customer centric service to the community, while keeping all stakeholders in full sight.”

“The key driver in our industry for the foreseeable future is technology, with digitisation of services remaining at the core of our strategy also coupled with the service provided by our branch network,” he concluded.

BNF Bank was particularly recognised for its digital transformation as part of its long-term strategic growth, ensuring it keeps abreast with the rapidly evolving needs of its customers.

A reputable authority in the world’s financial sector, The Banker magazine, published by the Financial Times, provides economic and financial intelligence for the global industry and provides objective and incisive reporting as well as in-depth regional and country reports. Its awards acknowledge achievements that put banks and financial institutions at the forefront of the industry.