Country’s full name
|
Republic of Malta (Repubblika ta’ Malta)
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Capital City
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Valletta
|
Official Languages
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Maltese and English
|
Currency
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Euro
|
International Dialling Code:
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+356
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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's Sovereign Credit Ratings
Rating Agency
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Long-term Credit Rating
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Outlook
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Last Review
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Fitch
|
A+
|
Stable
|
10-Jul-20
|
Moody's
|
A2
|
Stable
|
11-Aug-20
|
S&P
|
A-
|
Stable
|
13-Mar-20
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