OPR- Monday, 13th September - Valletta

The President of Malta, H.E. Dr. Edward Fenech Adami was today presented with a donation of Lm27,413 in aid of the Malta Community Chest Fund. The donation was presented by Joseph FX Zahra, Chairman Bank of Valletta, at The Palace, Valletta.

President Fenech Adami expressed his gratitude towards the Bank of Valletta and stated that the Malta Community Chest Fund can only help those people who seek its assistance through such donations.

President Fenech Adami being presented with the cheque by BOV chairman Joseph Zahra in the presence of BOV CEO Tonio Depasquale

BOV Chairman, Joseph FX Zahra said that the donation to the Malta Community Chest Fund was the result of the generosity of BOV’s customers. “It is encouraging to see how the cents donated by customers through collection boxes at BOV branches add up to a considerable donation which the Malta Community Chest Fund can use to help those who are most in need,” said Mr. Zahra. The Chairman also made special reference to the Cents for Charity Scheme which the Bank operates. Through this scheme, customers agree to have the 'cents' in their account balance automatically transferred to the Community Chest Fund's account at the end of the year. Mr. Zahra said that BOV again appeals to its customers to participate in ‘Cents for Charity’, making a donation for a maximum of 99 cents, once a year, in aid of the Malta Community Chest Fund.

The donation presented was funded from collection boxes at the BOV branches in aid of the Community Chest Fund; the last presentation was made in the year 2002. It also includes a sum of Lm2000 representing funds collected through the ‘Cents for Charity’ scheme as well as a donation made by BOV.