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Message from the Governor

Welcome to the website of the Central Bank of Malta, since 1 January 2008 a member of the Eurosystem comprising the European Central Bank and the national central banks of the fifteen countries whose common currency is the euro.

Following Malta’s adoption of the euro, the Central Bank of Malta looks forward to contributing to the attainment of the Eurosystem’s mission, in particular the maintenance of price stability. This will be done through active participation in the Governing Council of the European Central Bank and in the institutional sub-structures that report to it, as well as through the effective integration of the Bank’s operational framework into that of the Eurosystem.

During its forty years of existence the Central Bank of Malta has made a positive contribution to the country's economic development through the steadfast pursuit of its statutory objectives. As a result of the considerable transformation it has undergone in recent years, moreover, the Bank is now better equipped to fulfill both its existing and its new, Eurosystem-related obligations, as well as to promote the further international integration of Malta's financial system.

In the performance of its tasks, the Central Bank of Malta remains committed to good governance and attaches great importance to transparency and accountability, which it recognises as necessary counterparts to its independence.

We trust that the extensive information about the Bank's operations and the Maltese economy available on this website will be found useful by observers of the domestic economic and financial scene, both within Malta and beyond its shores.

Michael C Bonello

 

Malti

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