Lidion Holdings plc, the holding company of Malta-based Lidion Bank, on Wednesday announced that it is open to potential investment from outside parties.

Headquartered at SkyParks Business Centre in Luqa, Lidion Bank is a licensed Maltese credit institution servicing corporate clients.

Lidion Holdings stated that the “improved performance and diversification of the product offering” at Lidion Bank has attracted the interest of several parties who are seeking to invest in the group.

Last month, a spokesperson for Lidion Bank confirmed to WhosWho.mt that the holding company had taken opted to increase its share capital, a decision made in sync with Lidion Bank’s growth. This change saw Lidion Holdings’ share capital go from €8,226,501.8167 up to €14,473,439.7219. Dutch firms Armoza Beheer B. V. and Monde Celeste B. V. will have 2,412,152 Ordinary ‘A’ Shares each, while Isle of Man-based Westmoreland Investments Ltd will hold 536,034 Ordinary ‘A’ Shares.

This was reconfirmed in its latest statement, as the group and its shareholders are now “exploring the possibility of introducing additional investors into the group.”

“The company shall keep the market informed of any developments with respect to the above,” it added.

Lidion Bank was established last year, following a rebrand from AgriBank, a Malta-based bank that was first launched in 2012. During the first six months of 2023, Lidion Bank – then AgriBank – registered a pre-tax profit of €544,595, an improvement from the €416,621 pre-tax profit that was recorded in the same period in 2022.

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Fabrizio Tabone

Fabrizio has a passion for the economy and technology, especially when it comes to innovation. Aside from this, he also has a passion for football and movies, and so you will often find him either with a ball to his feet or at the cinema checking out the latest releases.