BNF announces robust 2025 financial results
In 2025, BNF Bank committed to a significant investment programme that was transformational, though challenging. Announcing its financial results, the Bank maintained a healthy and resilient balance sheet that provides the foundations for sustainable growth. 2025 required a major digital transformation, including the replacement of the core banking system, customer-facing platforms and card scheme. While the transition was always going to raise operational challenges, these investments were essential to strengthen the Bank’s infrastructure, improve customer experience and support future growth.
Commenting on the Financial Results, Chief Executive Officer David Power stated that “2025 was an investment year for the Bank, not only for the digital transformation itself, but also the exceptional expenditure needed for system stabilisation and customer support. These were necessary steps to secure the Bank’s future.
As we move forward, our foremost priority is to build on the potential of the new core banking system to deliver overtime an enhanced customer experience and offering. We are determined to translate this investment of the past year into lasting improvements and a stronger foundation for a better bank which delivers improved services and outcomes for its customers, employees, and shareholders.”
Chief Financial Officer Nadia Miceli stated that “Despite the challenges faced in 2025, the Bank has preserved a solid balance sheet position. BNF remains financially sound with stable funding, and strong capital and liquidity ratios. The Bank also remained profitable notwithstanding a period of significant investment in its technology transformation programme. This resilience reflects the Bank’s disciplined approach and its ability to navigate a transitional year.”
The Bank’s financial performance and progress on its transformation programme were further reinforced during a recent visit to Malta by representatives of the majority shareholder. Deputy Chairman of the Board, Sheikh Jassim Feisal Q.F. Al-Thani and Board Director, Mohammed Abdelqader Darwish Al-Ramahi reaffirmed the shareholder’s commitment to BNF and the regulator, emphasising their support for the Bank’s strategic priorities and long‑term ambitions. Their visit provided an opportunity to review the progress of the Bank’s transformation programme and to engage directly with the leadership team on upcoming strategic priorities. The shareholders expressed their belief in BNF’s potential to strengthen its position within the Maltese financial sector.
