Revolut to provide online payment solution to Maltese businesses

February 3, 2021
by Robert Fenech

Businesses will be able to accept payments and manage their finances from one place

BOV continues Deiulemar case defence as ECHR rules application ‘inadmissible’

February 3, 2021
by Solomon Cefai

Creditors for the scandal-ridden Deiulemar Group are claiming €363 million from the bank

BOV’s USD correspondence relationship extended through Raiffeisen Bank

January 29, 2021
by Helena Grech

In October, Raiffeisen Bank said it was seeking to terminate the US dollar correspondence relationship from 31st March 2021

MFSA identifies operational shortcomings, maps out improvements for ICT & cybersecurity practices

January 28, 2021
by Solomon Cefai

New MFSA document reveals a number of its recommendations are not being followed

Counterfeit banknotes seized in Malta at lowest ever level

January 27, 2021
by Robert Fenech

Only 480 counterfeit banknotes were reported locally in 2020

Can payment services providers replace B2C banking business?

January 26, 2021
by Robert Fenech

Revolut and PayPal may have joined VISA and Mastercard in dominating the market, but can they replace banks entirely?

December unemployment rate remains stable at 4.5%, at par with previous month

January 26, 2021
by Helena Grech

Youth unemployment rate for December 2020 stands at 11%

Tax practitioners back Finance Minister’s suggestion of reform on Malta’s tax regime

January 23, 2021
by Robert Fenech

'The truth is that we do not really have any margin for error on this issue'

Central Bank notes weak levels of economic activity for December, despite registered improvement

January 22, 2021
by Robert Fenech

Similarly, confidence increased in various sectors but still negative overall

Malta International Airport closes 2020 with 76% drop in passenger traffic

January 20, 2021
by Helena Grech

Uniform travel & testing requirements should complement a faster vaccine roll-out for recovery to start in summer 2021

2020 sees Europe car sales drop at record pace

January 19, 2021
by BN Writer

Car sales across the European Union slumped by 23.7% in 2020

Bitcoin’s record bull run not enough to revive Blockchain Island – expert

January 18, 2021
by Robert Fenech

The cryptocurrency’s value has tripled over the last months, but ripples have not been felt in Malta

HSBC urged to ‘reconsider its position’ on €5 monthly fee by Central Bank, MFSA

January 16, 2021
by Helena Grech

HSBC has agreed to temporarily suspend the customer contact programme in view of these on-going discussions

Bank loan moratorium to be extended to up to nine months

January 15, 2021
by Robert Fenech

Borrowers have until 31st March to make use of the extension

Malta ports hit hardest in wake of COVID in Q2 2020

January 13, 2021
by Solomon Cefai

New data shows maritime goods handled by Malta ports fell more than 50%