Malta Development Bank
Pope Pius V Street
Il-Belt Valletta
Malta
+356 2226 1700
info@mdb.org.mt
https://mdb.org.mt/en/Pages/default.aspx
| Year of creation individual entities or association | 2017 |
| Type of organization National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed | NPI (fully public) |
| Type of scheme guarantee or counter-guarantee | Gurantee |
| Product typology guarantee or counter-guarantee or co-guarantee | Guarantee |
| Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models | Fully public |
| Shareholder structure Private / Public (in %) | 0 / 100 |
| Legal form of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Development bank set up by Malta Development Bank Act 2017 |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | Central Scheme only |
| Geographic coverage i.e. local, regional, national | National |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | Industry, social infrastructure |
| Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed | Micro, SMEs, mid-caps, public sector entities |
| Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members | Supervised under ad hoc national legislation (exempted from CRR/CRD) |
| Profit / Non-profit oriented dividends to public shareholders are not considered as profit orientation | Non-profit oriented |
| Do you benefit from a counter-guarantee at local, regional or national level? Local level or Regional level or National level | National level - Ministry of Finance |
| Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020 | Cip/COSME counter guarantee for SME guarantee schemes, Structural Funds - ESF Operational Programme II, Progress - Launched in October 2019 with very positive market response |
| Types of guarantee products provided by your organisation/your members | Individual and portfolio Loan default guarantees, Project guarantees, Bridge financing loans, Student loan guarantees |
| Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services | Subsidized loans, Co-financing in conjunction with banks |
| Is the activity subject to state aid regulation? | Yes |
| Do you (your members) use..? De minimis or GBER or Regional guidelines or Notification | De minimis, GBER, Regional guidelines and Notification |
| Do you (your members) dispose of an internal rating/scoring system? | Yes |
| Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)? | Yes |
| Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? | Yes |
