Financing Business to Prosper – GRTU

GRTU held an information session, together with Bank of Valletta (BOV) and Malta Development Bank (MDB) to discuss two schemes in support of SMEs and Family Businesses. This information session was one of a series of events with the objective of reaching out to the business community in relation to the latest financing opportunities available to Malta based SMEs. Special focus was dedicated to the BOV SME Invest and the BOV Family Business Success.

Both facilities are partly guaranteed by the MDB and the resulting benefit is passed on to the SMEs in the form of reduced collateral requirements and lower interest rates.

Joseph Darmanin and Maria Xuereb, Chief Officers from the Malta Development Bank (MDB) gave an overview of the role and functions of the MDB with particular focus on the MDB’s remit in supporting SMEs. They explained the rationale and design of the SME Invest and the Family Business Success and how such facilities fit within the mandate of the MDB.

BOV Executive SME Finance Alfred Buhagiar explained the operational and practical aspects of the BOV SME Invest and the Family Business Success Initiatives. He gave details and practical examples on how such guarantees eased access to finance for SMEs.

Participants had the opportunity to ask questions and exchange their views with representatives of MDB and BOV.

Relevant Documents

Event Agenda
Presentations

Read More

04 September 2023

Malta Development Bank unveils new website showcasing schemes and opportunities

27 June 2023

Malta Development Bank strengthens support to SMEs with signing of agreements with BOV, HSBC and APS

03 May 2023

MDB plays crucial role in facilitating access to finance and unlocking businesses investment​

08 February 2023

FSMA+: 430 students continue their studies through €15m financing from MDB Schemes​

14 December 2022

Commission approves State aid to support MDB’s remit until December 2027

23 November 2022

Malta launches two favourable financing schemes to facilitate €180 investment in economy​

28 October 2022

Malta Development Bank hosts 30 promotional banks for the ELTI General Assembly 2022​

14 October 2022

Skema ġdida ‘Go-To-Market’ b’aktar minn €1.5M f’fondi kapitali biex jitwettqu proġetti tal-R&I​​

07 July 2022

MDB appoints new CEO​

14 June 2022

MDB launches €150 million emergency liquidity support to businesses in response to the Ukraine crisis​ ​

19 May 2022

MDB launches first support measure in response to the Ukraine crisis​

10 May 2022

MDB publishes its 2021 Annual Report​

30 April 2022

​MDB supporting SMEs through new schemes​

08 February 2022

Additional €15 million for students to further their studies​​

31 January 2022

MDB extends COVID-19 Guarantee Scheme until June 2022​​​

19 October 2021

MDB COVID-19 Guarantee Scheme extended until 31 December 2021​​

24 August 2021

MDB to launch a new EU funded scheme for students​

04 August 2021

MDB’s impact on the ground exceeds half a billion euro since inception​

26 May 2021

MDB’s COVID-19 Guarantee Scheme reaches 40,000 employees​

28 April 2021

The Malta Development Bank publishes the 2020 Annual Report

26 March 2021

MDB and MEA to collaborate further for the benefit of local businesses​​

04 December 2020

BOV Studies Plus+ Fund to increase to €8,250,000 with European Funds​​

23 September 2020

MDB reaches agreement with BOV for delivery of Small Loans Guarantee Scheme

09 August 2020

MDB Facilitates SME Access to Liquidity​

18 July 2020

MDB Provides Lifeline to over 250 Businesses​​

27 April 2020

The Malta Development Bank publishes its second Annual Report​​

22 April 2020

MDB appointed implementing body of COVID-19 Interest Rate Subsidy Scheme​

03 April 2020

MDB launched COVID-19 Guarantee Scheme

26 July 2019

MDB and KfW Group Establish Cooperation for SME Financing

18 April 2019

The Malta Development Bank publishes its first Annual Report