List of banks in Malta
The following list of banks in Malta is to be understood within the framework of the European single market and European banking union, which means that Malta's banking system is more open to cross-border banking operations than peers outside of the EU.
Policy framework
European banking supervision distinguishes between significant institutions and less significant institutions, with SI/LSI designations updated regularly by the European Central Bank. Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB. In the case of Malta, the NCA is the Malta Financial Services Authority.Significant institutions
As of, the ECB had two Maltese banking groups in its list of significant institutions:A study published in 2024 estimated that, as of end-2023, Bank of Valletta had €14.5 billion assets in Malta, followed by HSBC Bank Malta with €7.7 billion and MDB Group with €5 billion. Since then, HSBC has sold its Maltese subsidiary to Athens-based CrediaBank, and MDB has been separately acquired by Prague-based. No other SIs based in the euro area have subsidiaries in Malta.
Less significant institutions
As of, the ECB's list of supervised institutions included 18 Maltese LSIs.High-impact LSIs
Of these, three were designated by the ECB as "high-impact" on the basis of several criteria including size:Other Maltese LSIs
The other 11 domestic Maltese LSI were:- Banasino Investments Ltd, owner of ECCM Bank
- * ECCM Bank plc
- FCM Bank Ltd
- Izola Bank plc
- Lidion Holding plc
- * Lidion Bank plc, subsidiary of Lidion Holding
- Merkanti Bank Ltd
- Multitude Bank plc
- Novum Bank Ltd
- Sparkasse Malta Ltd, owned by Anteilsverwaltungssparkasse Schwaz in Austria
- * Sparkasse Bank Malta plc, subsidiary of Sparkasse Malta
Non-euro-area-controlled LSIs
Based on the same ECB list, four Maltese LSIs were affiliates of financial groups based outside the euro area:- Access Group Malta Holdings Ltd, subsidiary of Access Bank Group
- * Access Bank Malta Ltd, subsidiary of Access Group Malta Holdings Ltd
- BNF Bank plc, subsidiary of Qatar-based Al Faisal International for Investment
- IIG Bank Ltd, subsidiary of IIG Capital