Financial Services Sector Contributes 97% To Malta’s FDI

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Ally Stivala

Malta’s financial services sector has shown continued growth, with NSO data revealing that 97.6% of Malta’s €500 billion foreign direct investment stock is now attributed to this industry. Finance Malta has emphasised in promoting Malta as a credible and respected financial hub.

In its Annual Report, Finance Malta outlines its significant efforts and achievements in establishing Malta as a leading international financial centre. The report, details a year marked by increased activity and notable successes both domestically and internationally.

The organisation’s primary goal remained enhancing Malta’s international visibility, providing exposure to the jurisdiction, regulators, and private sector representatives, including its 250 members, at 32 international events. These events spanned various financial sectors such as funds, asset management, insurance, private wealth management, Fintech and capital markets.

These international events attracted over 100 delegates. Highlights of the year included FinanceMalta’s participation at Money 20/20 Europe under its unique “inMalta” brand and the successful hosting of the prestigious networking event “Malta – A Global Financial Services Platform” at London’s historic Guildhall, which drew more than 600 esteemed international delegates.

In addition to promoting Malta’s financial centre, FinanceMalta encouraged companies to consider sustainable finance by launching a website that keeps practitioners updated on recent developments and best practices.

It also actively promoted financial literacy across all demographics and societal levels. It brought together numerous stakeholders to evaluate the current landscape, which includes around 70 active projects, and identify gaps in ongoing efforts.

Throughout the year, FinanceMalta enhanced its digital presence with a dynamic, regularly updated website and the informative “Insight Newsletter.”

The organisation expanded its social media outreach, growing its follower base, and produced a record-breaking 44 episodes of the #FinTalks podcast series.

“Over the past year, we have strengthened our resolve to share the potential that the Maltese financial services jurisdiction has to offer, including stability and cost-effectiveness,” Finance Malta’s Chairman, George Vella commented.

“I am encouraged by the number of firms setting up shop here, whether established international companies or small start-ups, enticed by the flourishing ecosystem that has consolidated over the past decade. With this resolve, I am optimistic and keen to unravel what the future of this industry has in store.”