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S€CTAR HA6 PRBFELLEO ftIS SHALL
lst'Iras,Fno Tt# RAItl€ oF LEADT}IG
EUNAPEAil RilAICE CEITTFES.
Fiaafcial servic€F hanehcome oqe of Mala's
most important reconomic generators, registering
impressi*e year-on-year gronrth and
attracting,€rff:i4creasing international attention
from practitioners across the world. The
island's Intemational Financial
centre (IFc) ltrs established
song banking, insuance, in-
\resteeat fund$ and wealth
m3nager8eht sssors. Attfacted
by Eu-complianf legislation and
regulatiol, a competitive business
ecvirorrnerit, aceess to the
world's higb, gFowth ma*ets
and a pool of hi$t'y trained, experienced
profcFsilonal service
providerq the island now plays
host ts some of *odd's top-rated
inaocialfums.
RESP€CTED FINAilCE CET{TRE
Malta ha$ reeeii€d interaational recogrritisn
for iS stabgregulatory fr*mework and
has proved reqiulebly resilient while the
financid c+isis dimm€d global finance'hubs
around the worl4, Ualtab frnancial services
seCor reg4$eredi doubledigit gowth rates
over the past thrEE.lrears. Tbe country's banla
did not rcquirei government assisance and
their strong capital adeqqacy and liquidity
Matta'sfinanciat
sefficeg sectsr
regis*ered doubbdigkgrorth
rates
qrerthe past
three years.
ratios served'thern weH throughoutfbis time.
offering power and grotection to bo*r i&stinrdons
and iavestors, Malta is increasingly
being seen as a tare altem*ive toarstab$sh€d
European finance centres suel as Dublin,
Londoo aad Luxemb,o,:rg, The sector aceouns
for some rz per ceatof the isl;mdts GDp:butib
contributionls expeat€d to incr€ase to 25 per
celtt in the n€nt fewyears.
BAilII€}*G AND }fiSU&A}EE
Malt/s banking and insu*ce
raa.ckee were arnong th€ flIst that
embaced an inbrnafieaal approach.
Tbday, z7 bad