Banif Bank (Malta) plc not affected by recap

Banif, S.A. has formally announced a recapitalisation plan that will be submitted for approval at the next General Meeting of Shareholders, to be held on the 16th of January 2013. With this recapitalisation, Banif will become one of the most capitalised banks in Europe, with an estimated Core Tier 1 ratio of over 12% after the second stage of the recap is completed.