Top 5% of taxpayers responsible for one-third of all income tax paid in Malta
On the other hand, the bottom third of income earners pay just 1.7% of all income tax generated
Once again, the European Central Bank raises interest rates to fight inflation
Further interest rate increases are to be expected
Malta rises 27 places in Global Financial Index, up 67 points since March 2022
Malta ranks 67th out of 119 global financial centres
First-time buyers & low-income borrowers most vulnerable to higher interest rates
Malta's banks are well positioned in the event of a 1.5% interest rate hike
Maltese households becoming smaller, smarter, and wealthier, 2020 HFCS survey finds
Household median net wealth increased to €282,500 with wealth inequality slightly down
Malta’s banking system is resilient, but future profitability is at risk
Financial institutions urged to reduce operational risks caused by cyber threats and climate change
Adjusting for corporate actions
Corporate actions can lead to wide share price movements, so it is important for shareholders to follow company announcements
BOV ready to grow loan book following successful €350 million issue of callable senior non-preferred notes
About two-thirds of the issue was taken up by local investors
‘Europe may yet avoid a recession this winter’ – Edward Scicluna
‘Bank loans must become more expensive if we are to beat inflation’
Interest in Malta Government debt wanes as local investors turn to private bond issues
Recent issues of Malta Government Stock have failed to drum up the same level of interest expressed last year
Driven by consumption, GDP growth up 5.2% for Q3 2022 relative to 2021
Services, industry and agriculture experience strong activity while construction slumps
Malta Bankers’ Association holding outreach meetings with various stakeholders
The banking sectors' representatives will pass on concerns heard to banks
Malta finally introduces formal Transfer Pricing Rules
The new rules come into effect from 1st January 2024
Malta Development Bank launches €180 million SME financing support
The two facilities will give Maltese SMEs advantageous loan rates
This is how much you will earn when you retire on Malta’s social security pension
Forewarned is forearmed - nobody wants to spend their twilight years in financial distress
€200 million Malta Government stock auction announced
3.40% Malta Government Stock 2027 (VI) and 3.70% Malta Government Stock 2030 (II) announced