Category: COVID-19

News

Working capital loans: Banks agree to cap interest rate at 3.5%

Government covering first 2.5% for first two years   The government has reached an agreement with all commercial banks to limit the interest rate on capital working loans to 3.5%. […]
News

Banks maintaining at least half of branch capacity despite COVID-19 crisis – MFSA

All Maltese banks are maintaining as a minimum 50% of their branch capacity on weekdays and 25% of Saturdays, MFSA says.   Despite the challenges brought about by the COVID-19 […]
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Fitch revises Malta’s outlook to stable; Moody’s affirms A2 rating

Fitch Ratings has revised Malta’s Outlook to Stable from Positive,  while Moody’s has affirmed the country’s A2 rating.   Fitch said its outlook revision reflects the significant impact of the […]
News

More Financial Assistance To Help Businesses Address Liquidity Difficulties

During a Press Conference, Minister for Finance and Financial Services Prof. Edward Scicluna and Parliamentary Secretary for Financial Services and Digital Economy Clayton Bartolo announced more financial assistance to ease […]
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CBM Media Release: Six-month moratorium on loan repayments

The Minister responsible for public health, with the concurrence of and in consultation with the Minister for Finance and Financial Services, issued the Moratorium on Credit Facilities Regulations in Exceptional […]
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IMF warns Malta must address anti-money laundering deficiencies in light of economic risk

The International Monetary Fund (IMF) has advised Malta to continue addressing deficiencies identified in the framework linked to fighting anti-money laundering and combating the financing of terrorism (AML/CFT) in order […]
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The right instrument at the right time

In normal times, the role of development banks is to address investment gaps, sometimes called market failures, by offering financing facilities and guarantees to support new investment in productive and […]
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Malta: COVID-19 Fiscal Assistance: Deferral Of Payment Of Certain Taxes

On the 20th March, the Maltese Government announced a tax deferral scheme to assist local businesses to improve their business liquidity and ease pressures on their cash flow arising from […]
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Update from MBR: Persistence of Coronavirus on Paper surfaces

The IFSP has this morning received the following update from the Malta Business Registry.     Following the advice by the National Health Authorities based on recommendations by WHO and […]
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The Central Bank of Malta issues a new Directive

Following the advice of national health authorities for persons to remain indoors as much as possible, the Central Bank of Malta has today issued a Directive on important measures concerning […]
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Stqarrija mill- Ufficju tal- Prim Ministru – Ippreżentat pakkett aġġornat ta’ għajnuna maqbul mal-imsieħba soċjali

Ippreżentat pakkett aġġornat ta’ għajnuna maqbul mal-imsieħba soċjali     “Niżguraw li n-negozji tagħna jibqgħu b’saħħithom u nnaqqsu l-possibiltà li ħadd ma jispiċċa mingħajr impjieg” – il-Prim Ministru Robert Abela. […]
News

Malta Stock Exchange to Assist Listed Companies

With immediate effect, the Malta Stock Exchange (MSE) will introduce a number of measures to alleviate financial stress on companies listed on the MSE’s Regulated Main Market and Prospects MTF. […]
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