Ownership

Izola Bank p.l.c. is wholly owned by the Van Marcke Group.


Izola Bank p.l.c. is 50% owned by IBLI Limited and 50% owned by IBLT Limited. Both IBLI Limited and IBLT Limited are Maltese registered companies. Van Marcke Trading Group n.v. is the major shareholder of both IBLI Limited and IBLT Limited and is also the main holding company of the trading arm of the Van Marcke Group.

The financial results and assets and liabilities of the bank are included in the consolidated financial statements of VMKG PLLC, company number 0447.152.677 (the ultimate group holding company), the registered office of which is Paepsemlaan 28-30, 1070 Brussels, Belgium.

The Van Marcke Group, whose head office is in Kortrijk, Belgium, operates in Belgium, France, USA, Switzerland, Luxembourg and Malta though the bulk of its operations are concentrated in Belgium. Its activities are diverse; it is a very large plumbing and heating wholesaler and a manufacturer of laboratory furniture, sanitary ware, and hands-free electronic controls for wash basins. The Group is also involved in packaging and transportation.

Izola Bank p.l.c. is registered in Malta as a public liability company under registration number C16343 and with registered office at 53/58 East Street, Valletta VLT 1251, Malta.