The Government of Malta through the National Development and Social Fund (NDSF) owns 49.1% of the bank.

It acquired these shares from the now defunct Cyprus Popular Bank.

The bank has a 71.5% stake in MaltaPost plc., the Maltese national postal operator.

The bank operates a network of seven branches in Malta and Gozo, with its head office at Spinola Palace in 67 Republic Street, Valletta.

The bank dates back to 1955 when Lombard North Central of the United Kingdom started taking deposits in Malta through a number of agents.