Life insurance payout less than 50% of estimated value, but Financial Services Arbiter finds no foul play
The Arbiter observed that the complaint appeared to be motivated by seeking a higher amount
Central Bank of Malta welcomes Eurosystem common stance for climate change-related investments
Eurosystem common stance agreed to encourage sustainable investment
Revolut to provide online payment solution to Maltese businesses
Businesses will be able to accept payments and manage their finances from one place
BOV continues Deiulemar case defence as ECHR rules application ‘inadmissible’
Creditors for the scandal-ridden Deiulemar Group are claiming €363 million from the bank
BOV’s USD correspondence relationship extended through Raiffeisen Bank
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
New MFSA document reveals a number of its recommendations are not being followed
Counterfeit banknotes seized in Malta at lowest ever level
Only 480 counterfeit banknotes were reported locally in 2020
Can payment services providers replace B2C banking business?
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
Youth unemployment rate for December 2020 stands at 11%
Tax practitioners back Finance Minister’s suggestion of reform on Malta’s tax regime
'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
Similarly, confidence increased in various sectors but still negative overall
Malta International Airport closes 2020 with 76% drop in passenger traffic
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
Car sales across the European Union slumped by 23.7% in 2020
Bitcoin’s record bull run not enough to revive Blockchain Island – expert
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
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
Borrowers have until 31st March to make use of the extension