During meetings with the senior officials of The Malta Chamber and the Malta Chamber of SMEs, Malta Development Bank (MDB) chairman Leo Brincat and the CEO Paul V. Azzopardi reiterated the MDB's commitment to reinforce ties with these two leading institutions for the benefit of their respective members.
They invited the two Chambers to engage in strategic discussions based on concrete proposals with a view to enhance collaboration with the two entities.
While recognising the vital role that SMEs play in driving economic growth and job creation, MDB officials stated that this approach was intended to review existing banking schemes and explore new and feasible initiatives tailored to the needs of their members, thereby facilitating more effective assistance to businesses.
14.1 per cent said they sometimes struggle to cover all expenses and 0.8 per cent regularly cannot cover essential expenses
The partnership will help businesses across Malta simplify their operations, connect their teams and make more time for what matters
For businesses managing several teams, departments or projects, small work payments quickly adds up