APS Bank has announced that the Malta Financial Services Authority (MFSA) has officially authorised the Bank to offer general insurance services, marking a significant expansion in its financial product offering. The authorisation, granted on 6 November 2025, allows APS Bank to operate as a Tied Insurance Intermediary, offering property and travel insurance through Atlas Insurance PCC Limited, and health insurance through Atlas Healthcare Insurance Agency Limited.

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This development represents a strategic move for APS Bank as it continues to evolve into a more comprehensive financial services provider. Further details regarding the launch and customer enrolment process will be announced in the coming weeks.

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Commenting on the authorisation, APS Bank CEO Marcel Cassar said the move reinforces the Bank’s mission to provide holistic financial solutions for its customers. “We are proud to announce this strategic move into General Insurance, allowing us to provide customers with protection across home, contents, travel, and health, reflecting our commitment to comprehensive everyday banking solutions,” he said. “This enrolment also marks a further development of our relationship with Atlas Insurance, one of Malta’s leading insurance providers with over 100 years of experience across multiple lines and segments, and with which we share the values of excellence and integrity that define our respective brands.”

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Matthew von Brockdorff, Managing Director and CEO of Atlas Insurance, echoed the sentiment, emphasising the customer-first approach that underpins the partnership. “We are committed to making insurance more accessible, relevant, and centered around people’s real needs,” he said. “We are proud to embark on this next step in our partnership with APS Bank, a trusted and respected name in Malta’s financial services sector, to provide solutions backed by our combined experience and expertise. Together, we look forward to building on our shared vision of putting customers first, and to supporting the communities we serve.”

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The move further cements APS Bank’s position as a growing force in the local financial sector, blending traditional banking services with modern, customer-focused insurance solutions.