One of the two nominees appointed by the National Development and Social Fund (NDSF) to the bank's board has faced regulatory obstacles. Dr. John Bonello secured regulatory approval for his directorship, but the status of the second nominee, Paul Abela, remains in question. This issue has raised concerns, considering the NDSF's significant stake in Lombard Bank. Let's delve into the details....
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Banking, Finance News
September 6, 2023
Bank of Valletta Naxxar Branch Revamp
Bank of Valletta, one of Malta's leading financial institutions, has recently unveiled its revamped Naxxar Branch, signaling a significant milestone in its ongoing commitment to delivering top-tier customer service. The...
Banking, Finance News
September 4, 2023
MDB’s Website Revamp: Fueling Growth & Innovation
The Malta Development Bank (MDB) has taken a significant leap into the digital age with the launch of its newly designed website, now accessible at www.mdb.org.mt. This revamped online platform...
Banking, Business News
September 4, 2023
HSBC Malta’s Partnership with ĠEMMA
Picture a world where young children not only possess the academic knowledge necessary for success but are also empowered to make impactful decisions that shape the future. HSBC Malta is...
Banking, NEWS Malta
August 30, 2023
Bank of Valletta Upgrades ATM Interface
In a move that underscores its commitment to delivering unparalleled customer service, Bank of Valletta has introduced a series of upgrades to its ATM fleet. The upgrades come in the...
Banking, Finance News, NEWS Malta, Taxation
August 21, 2023
MeDirect Bank: Steady Growth and Impressive Profits
Are you curious about financial institutions that not only survive but thrive in challenging times? Look no further than MeDirect Bank, which recently announced a significant profit after tax of...
Banking, Business News, Finance News, Taxation
August 21, 2023
Changing Banking Landscape
The lasting impact of the 2007-2008 Global Financial Crisis (GFC) still reverberates in our memories. It was a period marked by the precarious state of banks, with many of the...
Banking, Business News
August 9, 2023
Government Guarantee for Electrogas
In a recent parliamentary committee hearing, former Finance Ministry Permanent Secretary Alfred Camilleri shed light on the €360 million government guarantee provided to the Electrogas consortium. This guarantee was deemed...
Banking, Business News
August 8, 2023
BNF Bank Reports Positive Performance in H1 2023
In a dynamic market landscape, BNF Bank has emerged as a shining example of resilience and growth, marking a positive financial performance in the first half of 2023. Net interest...
Banking, Business News, NEWS Malta
August 8, 2023
Church in Malta Reports €8.8 Million Deficit
In the year 2022, the Archdiocese of Malta faced a financial challenge, registering a deficit of €8.79 million. This deficit was a result of a tumultuous year for investments, driven...
Banking, Business News
August 2, 2023
FinanceMalta secures speakers for Annual Conference
As the excitement builds for the upcoming FinanceMalta 16th Annual Conference, the organizers have been working tirelessly to assemble a lineup of esteemed local and international speakers who will delve...
Banking, Finance News
July 6, 2023
Financial Analysis: Impact of Monetary Policy Decisions
Financial analysis is a crucial aspect of navigating the ever-changing landscape of global markets. One of the most significant factors impacting financial markets is the monetary policy decisions made by...
Banking, Finance News, Laws
July 5, 2023
Kenneth Farrugia appointed as Chairman of FIAU
The recent appointment of Kenneth Farrugia as the Chairman of the Financial Intelligence Analysis Unit (FIAU) and the Malta Financial Services Authority's CEO has raised eyebrows and sparked controversy. As...
Banking, Finance News
July 4, 2023
The Malta Development Bank: Empowering SMEs for Economic Growth and Sustainability
The Malta Development Bank (MDB) is delighted to announce its strategic partnerships with three leading banks as intermediary partners for its two groundbreaking financing schemes. With a shared vision of...
Accounting, Banking, Business News, Taxation
July 4, 2023
The Pandora Papers: Hesse Takes a Stand Against Hidden Wealth
The Pandora Papers, a groundbreaking leak of offshore data, has brought to light the vast network of secrecy surrounding the hidden wealth of some of the world's wealthiest and most...
Banking, Finance News
July 1, 2023
The Future of Finance in Malta
The finance industry in Malta has witnessed significant growth and transformation in recent years, and its future seems promising as the country adapts to the digital era. As an island...
Banking, Finance News, Taxation
June 29, 2023
Sustainable Finance: Balancing Profit and Environmental Impact
In today's rapidly changing world, the concept of sustainable finance has gained significant attention. As the global community recognizes the urgent need to address environmental challenges, the financial sector plays...
Banking, Finance News, Laws, Taxation, Tourism
June 28, 2023
Streamlining Finances in Malta
Finances play a crucial role in both personal and business aspects of our lives. For those residing or operating in Malta, streamlining finances is a key consideration to ensure financial...
Banking, Finance News
June 27, 2023
Malta’s Financial Services Authority Explained
The financial services industry plays a crucial role in the economic development of any country. To ensure the stability and integrity of its financial sector, Malta established the Financial Services...
Banking, iGaming News, Taxation
June 26, 2023
The Future of Online Gambling in Malta
The online gambling industry has witnessed remarkable growth over the past decade, and Malta has emerged as a key player in this digital realm. As the popularity of online gambling...
Banking, Finance News, Tourism
June 22, 2023
Unlocking Funding: Financing Options for Companies in Malta
Starting and growing a business requires financial resources, and Malta offers a variety of funding options to support companies in their journey. Whether you are a startup or an established...
Accounting, Banking, Finance News, Taxation
June 17, 2023
Finance for Startups: Building a Solid Foundation in Malta
Starting a new business venture can be an exhilarating journey, filled with both opportunities and challenges. One of the crucial aspects of building a successful startup is establishing a solid...
Accounting, Banking, Finance News, Laws, Taxation
June 14, 2023
Company Formation Made Easy: A Step-by-Step Guide for Malta
Are you considering starting a company in Malta? With its strategic location, attractive tax system, and strong legal framework, Malta has become a popular choice for entrepreneurs and businesses looking...
Banking, iGaming News
June 12, 2023
Discovering Malta’s Hidden Casino Gems
Malta is an enchanting destination that captivates visitors with its stunning landscapes, intriguing history, and vibrant casino industry. Whether you are an experienced gambler seeking thrilling adventures or someone looking...
Accounting, Banking, Finance News, Marketing, Taxation
June 8, 2023
The Ultimate Guide to Financial Planning for Businesses in Malta
Financial planning is a critical aspect of running a successful business. It involves making informed decisions about managing your company's finances, setting goals, and allocating resources effectively. In the vibrant...
Accounting, Banking, Finance News, Laws, Taxation
June 7, 2023
The Secrets of Financial Stability: Accounting Best Practices in Malta
Financial stability is a crucial aspect of running a successful business. One of the key pillars of financial stability is effective accounting practices. In Malta, where businesses thrive in a...
Accounting, Banking, Finance News, Laws, Taxation
June 5, 2023
Setting Up Shop: Company Formation Requirements in Malta
Setting up a business in Malta can be an exciting and rewarding endeavor. However, it is essential to understand the company formation requirements to ensure a smooth and legal establishment....