APS Bank

APS Bank
Company typePrivate
MSEAPS
IndustryBanking
Financial services
PredecessorUnione Cattolica San Giuseppe
Founded1910 (1910)
Headquarters,
Key people
Marcel Cassar, CEO Martin Scicluna, Chairman
Products
OwnerAROM Holdings Limited (54.67%), Archdiocese of Malta (12.52%)
Number of employees
~700
SubsidiariesAPS Funds Sicav plc.
Websitewww.apsbank.com.mt

The APS Bank (Apostleship of Prayer Savings Bank), successor of the Unione Cattolica San Giuseppe, is a Maltese bank established in 1910 by a Jesuit, Fr. Michael Vella and in 1948 the bank's ownership was transferred to the Archdiocese of Malta and Gozo.

The bank was incorporated into a private limited liability company in 1970 and granted a commercial licence in 1990. Since then it has kept expanding its operations in a number of different directions. Today it employs some 700 staff working in the Head Office in Swatar and in the 12 branches across Malta and Gozo. APS Bank holds three subsidiaries, namely APS Funds SICAV plc, ReAPS Asset Management Limited and IvaLife Insurance Ltd.

In October 2010, culminating its 100-year anniversary celebrations, the bank inaugurated a modern seven storey Head Office block in Swatar, Birkirkara. APS Bank is an active member of European Federation of Ethical and Alternative Banks (FEBEA).