Advertise your business

Contact us on for further details

Credit and Financial Institutions in Malta

Malta continues to be an attractive domicile for investors and financial entities seeking a dynamic European base that is professional, practical, safe and cost effective.

Malta’s credit and financial institution system remains well-capitalised, liquid and profitable; however, banks’ risk appetite has become ever more conservative, which means the island is increasingly turning to fintech players for the next stages of growth.

Malta has one of Europe’s healthiest and most profitable credit and financial institution sector, yet, concerns that the country is not doing enough to keep the sector free from crime, coupled with the fact that some market segments of the island’s finance centre remain under-served, mean this sector is in need of adjustment. The island’s ever-growing economy has exposed the need to expand the scope of credit and financial institution services, especially to serve smaller corporate clients. However, increasing the number of credit and financial institutions is a tough challenge as the global banking sector has retreated into consolidation mode due to heightened capital requirements and rising compliance costs, which have affected banks’ risk appetite. The good news though is that fintech companies and neobanks have Malta on their radar, and the Malta Financial Services Authority (MFSA) expects to welcome new entrants to Malta’s financial scene in the near future.




Financial Institutions


Payment Providers


e-Money Institutions

Credit & Financial Institutions in Malta

Domestic Banking Operations

Malta’s banking sector, home to no less than 24 banks, comprises institutions focused on the local market and a large number of banks offering specialist services or supporting operations abroad.

International Banking

International banking institutions have long been calling Malta home. Some of the longest established international banks in Malta are branches of Turkey’s Akbank and Australia’s CommBank. More banks discovered the country as a platform for business when Malta joined the EU in 2004, offering banks regulated in Malta EU passporting opportunities and access to the EU market. Today, banks originating from the  UK, Turkey, Qatar, the US, Czech Republic, Finland, Bahrain, Ireland, Greece and Holland have operations in Malta. Those banks have no
or little interaction with the Maltese economy. They do not take local deposits, but rather focus on business with non-residents or intragroup transactions supporting their parent bank or concentrate their activities on areas such as trade and project finance, syndicated loans and investment banking. In fact, many of them hold executive responsibility for specialised areas of their group’s global operations.

Market Opportunities

While Malta’s banking sector has grown significantly in recent years, Malta’s expanding economy, coupled with an influx of foreign talent and companies, has led to a growing demand for banks that support the niches that Malta’s finance sector has built up – such as private banking, wealth management and investment services. The island offers remarkable growth opportunities for banks that are ready to seize a share of this business. The biggest opportunity lies in custody businesses, where the limited number of custody banks affects the growth of the fund industry. The island is also a land of opportunity for credit institutions looking for an EU-compliant, yet flexible, domicile that provides access to the EU market and the neighbouring countries of North Africa. The emerging economies of the region need infrastructure development, offering opportunities in the area of project finance.

At a time when digital solution providers challenge traditional banking models like never before, Malta’s banking sector has caught the attention of fintech entrepreneurs and payment companies, who have established operations on the island offering their solutions in Malta and abroad.


Malta offers an OECD and EU-approved fiscal framework and has concluded over 70 double taxation treaties with the most global and developed economies in the world.

Further information on the tax regime in Malta can be found here:

The content in this website is for informational purposes only. The information contained therein should not be construed as providing legal, tax, investment, financial, or other advice. Nothing contained in this website constitutes a solicitation, recommendation, endorsement, or offer by FinanceMalta.

Credit & Financial Institutions Articles

2021 Industry Outlook – Analysis of how sectors are positioned for recovery
Western Union Business Solutions

by Western Union Business Solutions

5th February 2021

BOV Staff donate 300 boxes of food and € 5,000 to the Foodbank Lifeline Foundation and St Jeanne Antide Foundation
Bank of Valletta

by Bank of Valletta

4th January 2021

Bank of Valletta to launch Energy Efficiency and Renewable Energy Financing Product
Bank of Valletta

by Bank of Valletta

18th December 2020

What to expect: BOV, Malta Chamber and Saxo Bank debate on the future of businesses
Bank of Valletta

by Bank of Valletta

29th September 2020

Blue Sky or Eye of the Storm? A Free webinar for Businesses by BOV, Malta Chamber and Saxo Bank
Bank of Valletta

by Bank of Valletta

14th September 2020

Internal Governance considerations for credit institutions: the EBA report on the 2019 supervisory convergence plan
Ganado Advocates

by Ganado Advocates

17th July 2020

Credit & Financial Institutions Events



M21022 – Compiling of a VAT Return

Online Webinar

13:30 - 16:45



M21023 – VAT & Gaming

Online Webinar

13:30 - 15:30

Other Finance Sectors

Family Offices & Private Wealth

Family Offices & Private Wealth

Insurance & Reinsurance

Insurance & Reinsurance

Investment Funds & Asset Management

Investment Funds & Asset Management