FerroVault inaugurates facility with safe deposit boxes
FerroVault has recently inaugurated its safe deposit boxes facility in Malta. “We saw a demand in the market for comfortable and secure safety deposit boxes facility in Malta” said Jeanne Borg, director of FerroVault. “There is no analogy for this in Malta, making FerroVault a unique facility locally, with state-of-the-art high-tech security. Given that some of Malta’s main banks are in the process of discontinuing this service, we are assisting clients for a smooth transition to use our services.” FerroVault is a centrally located newly opened compound of safe deposit boxes designed to offer a discreet and secure service to local, international, and corporate clients. “FerroVault follows a trend that occurred in the UK some years ago where private safe deposit box facilities started to appear when banks started to curtail and eventually discontinue their safe deposit services. In fact, our vault business model is based on a similar one operated in London’s Mayfair,” explained Borg. “Our service is an improvement on the service that the banks offered since our clients do not have limited access to their boxes. They can visit the facility any time between 10am and 7pm, Monday...