Bank of Valletta (BOV) has informed clients that as of 1st January 2022, it will be closing its St Julian’s branch, located on Dragonara Road.
“We are writing to inform you that as from 1 January 2022, St Julian’s Branch will no longer remain in operation,” the leading bank told customers in a letter circulated earlier this month.
It cited the “lower” number of customers requiring in-person service from the branch, and the proximity of several other branches as the reason behind the move.
Indeed, the bank directed customers to the next-closest branches that will remain in operation, namely, BOV Balluta, BOV Tal-Ibrag and BOV Sliema.
Unlike its main competitor on the island, HSBC, BOV has not communicated any planned downsizing of the number of branches on the island, but instead had announced a series of renovation and upgrades on a number of pre-existing ones, namely in Siggiewi, Paola and Zurrieq.
HSBC, on the other hand, last year announced the closure of eight branches, in a move to focus more of its services online while beefing up its flagship branch in Qormi.
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