Curmi & Partners

About Malta

 

Country’s full name

Republic of Malta (Repubblika ta’ Malta)

Capital City

Valletta

Official Languages

Maltese and English

Currency

Euro

International Dialling Code:

+356

 

The Maltese islands are located at the centre of the Mediterranean Sea, strategically positioned at the crossroads of Southern Europe and North Africa. Malta’s geographical location has heavily influenced its history. Its strategic importance as a naval base attracted a succession of rulers including the Phoenicians, Carthaginians the Romans, the Arabs, the Knights, the French and the British, from whom Malta gained political independence in 1964.

In May 2004, Malta joined the European Union and became part of the Euro zone in 2008. The Central Bank of Malta thus joined European System of Central Banks (ESCB) and became part of the Eurosystem. Malta’s banking system is regulated by Malta Financial Services Authority (MFSA), a fully autonomous public institution.

Malta complies with international best practice initiatives and is involved in developing global regulatory policy with the OECD, the EU and the Commonwealth. Malta offers a sound and diversified financial services industry with a banking system that has ranked amongst the top 15 globally, with regards to issues related to the soundness of its banking institutions in the World Economic Forum’s Global Competitiveness Index 2015-2016.

Useful Links

Malta Financial Services Authority

www.mfsa.com.mt

Finance Malta

www.financemalta.org

Central Bank of Malta

www.centralbankmalta.org

Malta Stock Exchange

www.borzamalta.com.mt