Timberland Finance is the trade name for a group of companies which comprises Timberland Invest Ltd and Timberland Securities Investment plc both of which are established in Malta. These two companies have been established by the founders and senior managers of Timberland Capital Management GmbH, a Bafin regulated entity which has more than 27 years of sustained success in the demanding financial investment sector.
MeDirect Bank’s 2024 financial results reflect a strategic shift away from international corporate lending (ICL), resulting in a €5 million pre-tax loss. This was primarily due to increased expected credit losses of €19.3 million, up significantly from €0.9 million in 2023, as a result of realised losses and deterioration within the ICL portfolio. Despite the […]
Bank of Valletta (BOV) announced record-breaking financial results for 2024, achieving a pre-tax profit of €302.4 million, a 20.2% increase from the previous year. This significant growth, attributed to strategic revenue expansion and effective cost management, was presented by BOV’s Chairperson, Dr. Gordon Cordina, CEO Kenneth Farrugia, and CFO Kevin Cardona. A major highlight of […]
APS Bank plc has reported substantial growth in its balance sheet for the year ending December 31, 2024, with total assets reaching €4.2 billion, an increase of €500 million. This expansion was primarily driven by a €314.7 million rise in net loans and advances to customers, alongside a significant increase in customer deposits, which grew […]
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Timberland Finance,
CF Business Centre,
Gort Street,
St Julians STJ 9023
Malta