HSBC Malta is pleased to announce the extension of its agreement with the Malta Development Bank (MDB) to continue offering loans to small and medium-sized enterprises (SMEs) under the SME Guarantee Scheme (SGS) and the Guaranteed Co-Lending Scheme (GCLS) until the end of 2027. This renewed partnership reinforces HSBC Malta’s commitment to supporting local businesses with tailored financial solutions that drive growth, innovation and job creation.

The schemes, backed by the European Investment Fund (EIF) under the EU’s InvestEU Programme, are designed to provide SMEs with access to vital funding for sustainable investment and long-term development. Through the renewed agreement, businesses can now apply for loans of up to €1 million under the SME Guarantee Scheme (SGS) and for loans exceeding €1 million up to €10 million under the Guaranteed Co-Lending Scheme (GCLS).

“We are proud to continue our partnership with the Malta Development Bank, which enables us to provide SMEs with the financial support they need to thrive in today’s competitive market,” said Joyce Grech, Head of Commercial Banking at HSBC Bank Malta. “These schemes are a testament to our ongoing commitment to fostering innovation, sustainability, and economic growth in Malta.”

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HSBC Malta’s SME clients can benefit from these schemes to address a wide range of business needs, including expansion, investment in new technologies and long-term capital projects. Businesses interested in learning more about the SME Guarantee Scheme and the Guaranteed Co-Lending Scheme are encouraged to contact their Relationship Manager or reach out to Business Banking Direct on 2380 8000 or via email on  business.banking.direct@hsbc.com 

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For more information about HSBC Malta’s business banking solutions, visit https://www.business.hsbc.com.mt/en-gb/solutions/credit-and-lending 

HSBC Bank Malta p.l.c.

HSBC Bank Malta p.l.c. is a member of the HSBC Group, whose ultimate parent company is HSBC Holdings plc. HSBC Malta provides a comprehensive range of financial services which are all designed to meet the expanding requirements of its large client base of personal and corporate customers. These include Wealth and Personal Banking, Commercial Banking and Global Markets. Registered in Malta number C3177. Registered Office: 116, Archbishop Street, Valletta VLT 1444, Malta. HSBC Bank Malta p.l.c. is regulated and licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap. 370 of the Laws of Malta) by the Malta Financial Services Authority.

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HSBC Holdings plc

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 60 countries and territories. With assets of US$3,099bn at 30 September 2024, HSBC is one of the world’s largest banking and financial services organisations.