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Overview
Lobbying Costs
None declared
None declared
Lobbyists (Full time equivalent)
3.75 Fte (7)
Lobbyists with EP accreditation
0
High-level Commission meetings
0
Lobbying Costs over the years
-
Info
Malta Development Bank (MDB)
EU Transparency Register
724204433709-30 First registered on 22 Jan 2019
Goals / Remit
The MDB shall contribute towards sustainable economic development that benefits the Maltese people in line with public policy objectives by: (i) promoting inclusive and environmentally sustainable economic growth (ii) supporting infrastructure development (iii) linking entrepreneurship, investment and economic growth to improved living conditions, a higher quality of life, and better social inclusion. The MDB performs a promotional role in line with public policy. The MDB’s remit of activities covers a wide range of possible operations where there is evidence of market failure. In general terms, the MDB is engaged in the following priority areas: (i) Private Sector Development, in particular financing the private sector through innovative financing, credit enhancement, venture capital, advisory function; (ii) Skills and Technology, in particular sustaining competitiveness by investment in innovation, skills, knowledge-generation and technology; (iii) Infrastructure development of regional or national importance; (iv) Green Economy, in particular supporting clean energy and energy efficiency projects, sustainable transport, and water resources; (v) Community Services, in particular supporting social enterprises operating community services in such sectors as education, health and housing.
Main EU files targeted
The MDB is currently following the discussions and legislative negotiations that are underway with regard to the investEU programme. It does so by providing its expertise and views both by liaising with the relevant Ministries as well as by consulting with European associations with which it is affiliated.
The MDB also follows EU legislative and policy developments related to EU funds, state aid control, and banking regulation as well as other relevant policy areas that are directly or indirectly related with its line of business.Address
Head Office
Pope Pius V Street
Valletta VLT 1041
MALTA -
People
Total lobbyists declared
7
Employment time Lobbyists 75% 3 50% 2 25% 2 Lobbyists (Full time equivalent)
3.75
Lobbyists with EP accreditation
No lobbyists with EP accreditations
Complementary Information
None declared
Person in charge of EU relations
Mr Ivan Ebejer (Chief EU Financial Instruments Officer)
Person with legal responsibility
Mr Rene Saliba (Chief Executive Officer)
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Categories
Category
VI - Organisations representing local, regional and municipal authorities, other public or mixed entities, etc.
Subcategory
Other public or mixed entities, created by law whose purpose is to act in the public interest
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Networking
Affiliation
https://www.eapb.eu/who-we-are/our-members.html
http://www.eltia.eu/about/members/maltaMember organisations
None declared
-
Financial Data
Closed financial year
None declared
Lobbying costs for closed financial year
None declared
Other financial info
The Malta Development Bank was established on 24 November 2017 when the Malta Development Bank Act, 2017 came into force. It commenced operations on 11 December 2017 when the Board of Directors was appointed and held its first meeting. The MDB is fully owned by the Government of Malta.
In terms of article 5 of the Malta Development Bank Act, the Government shall guarantee up to 100% of all obligations of the MDB and up to 100% of the loans, facilities or guarantees issued by the Bank. The Government guarantee is unconditional and irrevocable. -
EU Structures
Groups (European Commission)
none
Groups (European Parliament)
None
Communication activities
The MDB commenced operations on 11 December 2017 when the Board of Directors was appointed and held its first meeting.
The MDB's public relations and communication activities to date include (i) ongoing meetings with relevant stakeholders (ii) participation in conferences related to finance; (iii) launch of the Bank's website; (iv) TV interviews on the Bank's role.
In the first half of 2019, the MDB will co-organise together with the European Investment Advisory Hub a conference on the Investment Plan for Europe.Other activities
None declared
Meetings
Meetings
None declared