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Overview
Since 20 September 2021 self-declared 'non-commercial organisations' are no longer required to provide a lobby budget. See above timeline for this registrant's historical lobby budget.
Lobbying Costs
None declared
Financial year: Jan 2022 - Dec 2022
Lobbyists (Full time equivalent)
0.5 Fte (2)
Lobbyists with EP accreditation
0
High-level Commission meetings
0
Lobbying Costs over the years
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Info
Malta Development Bank (MDB)
EU Transparency Register
671365537237-25 First registered on 06 Feb 2020
Goals / Remit
The MDB’s strategic objective is to address market failures or financial gaps by offering financing facilities to support productive and viable operations where the market is unable or unwilling to accommodate such activities on its own in whole or part.
The MDB complements commercial banks through a non-competitive relationship, thereby contributing to the diversification of Malta’s financial base in a cost-effective manner.
MDB’s goal is to contribute to public policy objectives. It is not driven by purely commercial and profit maximisation considerations. Nonetheless, the MDB supports only bankable investments and assesses proposals on the basis of sound banking principles. It also aims to meet its running costs through its operations while charging a reasonable premium for the risks assumed.
The MDB’s remit of activities covers a wide range of possible operations where there is evidence of market failure.Main EU files targeted
The MDB envisages a potential role as a financial intermediary in respect of financial instruments managed centrally by the EIF and the EIB, such as the Invest EU framework. The Bank is undergoing a pillar assessment to become engaged in this regard.
Address
Head Office
Malta Development Bank 5 Market Street Floriana
Floriana FRN 1083
MALTAEU Office
Malta Development Bank 5 Market Street Floriana
Floriana FRN 1083
MALTAWebsite
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People
Total lobbyists declared
2
Employment time Lobbyists 25% 2 Lobbyists (Full time equivalent)
0.5
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
None declared
Person in charge of EU relations
Data not provided by Register Secretariat due to GDPR
Person with legal responsibility
Data not provided by Register Secretariat due to GDPR
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Categories
Category
Other organisations, public or mixed entities
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Networking
Affiliation
The MDB is a member of the:
- ELTI (European Long-term Investors)
- NEFI (Network of European Financial Institutions for SMEs)
- EIF-NPI Equity Platform
- ENSI - EIF and National Promotional Institutions (NPIs) Securitisation Initiative
- AECM (European Association of Guarantee Institutions)Member organisations
None declared
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Financial Data
Interests represented
Does not represent commercial interests
Closed financial year
Jan 2022 - Dec 2022
Lobbying costs for closed financial year
Since 20 September 2021 self-declared 'non-commercial organisations' are no longer required to provide a lobby budget. See above timeline for this registrant's historical lobby budget.
Total organisational budget in closed year
80,000,000€
Major funding types in closed year
Public financing
Major contributions in closed year
None declared
Other financial info
The MDB’s operations have been funded from the paid-up capital provided by the Government in terms of Article 10 of the MDB Act. The MDB has an authorised share capital of €200 million, of which €80 million paid up.
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EU Structures
Groups (European Commission)
none
Groups (European Parliament)
N/A
Communication activities
The MDB publishes its Annual Report in April of every year. The full reports can be accessed via these links - https://www.mdb.org.mt/annual-reports/
Other activities
None declared
Meetings
Meetings
None declared