Malta Development Bank

Malta Development Bank, MDB, Malta

MALTA DEVELOPMENT BANK

GENERAL INFORMATION

The Malta Development Bank (MDB) was established on 24 November 2017 when the Malta Development Bank Act, 2017 came into force (Act No XXI of 2017 – CAP 574). It commenced operations on 11 December 2017 when the Board of Directors was appointed and held its first meeting. The MDB is fully owned by the Government of Malta.

The MDB contributes towards sustainable economic development that benefits the Maltese people by promoting inclusive and environmentally sustainable economic growth and infrastructure development. It offers financing facilities that support productive and viable operations where the market is unable or unwilling to accommodate such activities on its own in whole or part. MDB’s activities focus on complementing and supplementing the operations of market players in the provision of financing facilities, particularly to SMEs, infrastructure projects that contribute to national or regional development, and projects which are socially-oriented, energy efficient and environment friendly.

activities

In general, the MDB will be offering five main types of facilities:

  • Loans
  • Guarantees
  • Equity participations
  • Underwriting
  • Advisory services

 All requests for MDB financing must be bankable projects, that is, viable projects that have satisfactory revenue-generating potential. All loan applications have to be assessed according to sound banking principles.

contact

Joseph Darmanin

Triq Il-Papa Piju V
1041 VLT Valletta, MALTA
Tel: +356 22261726
E-mail: joseph.c.darmanin@mdb.org.mt
Web:
Malta Development Bank (MDB)