GlobalCapital appointed “Preferred Financial Services Partnership” of GRTU

The agreement covers all the areas of service provided by the various subsidiaries of GlobalCapital p.l.c. and other services which the company is planning to launch shortly.

Commenting about this agreement, Vincent Farrugia GRTU Director General, said “this is an excellent agreement as it extends the professional services of a market leader like GlobalCapital to GRTU members at favourable rates and provides members with an opportunity to have specifically designed financial products to meet their particular needs, as identified by GRTU. Furthermore GRTU members will be offered the opportunity, through a new service that will be offered from GRTU Headquarters in Republic Street Valletta, to learn more about the investment opportunities offered by GlobalCapital. GRTU as an organization, will benefit from the financial arrangement reached with GlobalCapital to further extend the services and representations GRTU offers to the business community.” Mr. Farrugia stated that this agreement signifies a breakthrough for GRTU, as previously GRTU steered away from similar agreements. The new agreement however provides GRTU with an enhancement of its capabilities without in any way restricting the freedom of action GRTU has so jealously maintained since its inception.

Nicholas Portelli, CEO – GlobalCapital p.l.c., thanked GRTU for showing interest in GlobalCapital as its preferred financial services partner. “We are indeed pleased to associate our name with a leading organization in Malta who over the years have made such significant contribution to the local business community. This agreement also confirms that GlobalCapital p.l.c. has now established itself as one of the leading Maltese brands in financial services. The Company today operates in the fields of Investments, Insurance and Property and we plan to offer our knowledge and experience to the members of GRTU and ensure they get the best quality service possible.”

In the near future, GlobalCapital p.l.c. will also be holding regular meetings with specialized sections of the GRTU membership base to be able to customise products specifically for their needs. “Our technical and product development teams will be available to the members of GRTU to listen and understand their specific needs. We are known for anticipating and quickly reacting to market changes and we want to give the same level of service and efficiency to the GRTU members. These people are in business just like us and they want and demand effective solutions rapidly and with the least possible cost.”

Amongst the various initiatives planned for 2007, GlobalCapital p.l.c. and GRTU will be holding a serious of educational seminars about topics of current relevance within the financial services world and the implications on the retailers. All GRTU members will be given access to a freephone number and all enquiries will be directed to a specific team of advisors in the various fields of in which GlobalCapital p.l.c. operates.

GlobalCapital Financial Management Ltd, GlobalCapital Fund Advisors Ltd and GlobalCapital Insurance Brokers Ltd are licensed y the Malta Financial Services Authority (MFSA). GlobalCapital Life Insurance Ltd is authorised to transact Long Term insurance business and is regulated by the MFSA. GlobalCapital Health Insurance Agency Ltd is authorised to act as an Insurance Agent and is regulated by the MFSA. Registered Address: 120, The Strand Gzira GZR1027.

Media Contacts:

GlobalCapital p.l.c.
Malcolm Briffa
Email:
Tel: 21 342 342

GRTU
Vincent Farrugia
Email:
Tel: 21 230 459
Mob: 79497424