Monetary Statistical Release-
Broad money (M3) expanded by Lm26.1 million, or 0.8%, in November, causing its annual growth rate to accelerate to 6.0% from 5.3% in October. Monetary expansion was driven by higher domestic credit, but was partly dampened by a contraction in the net foreign assets of the banking system and a rise in the other counterparts of M3.
Narrow money (M1) increased by Lm7.9 million, or 0.5%, in November, fuelled by a rise in deposits withdrawable on demand, mostly denominated in foreign currency. Click here for more...
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Central Bank of Malta leaves the central intervention rate unchanged-
The Central Bank of Malta left the central intervention rate unchanged at 3.75%. The decision was taken by the Governor at the end of the Monetary Policy Advisory Council meeting.
The Governor observed that there were no developments since the previous meeting to justify a change in the monetary policy stance. Click here for more...
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Commemoration of Sir Temi Zammit-
Following the issue of a silver proof coin bearing the image of Sir Temi Zammit earlier this year, the Central Bank of Malta commemorated this internationally renowned Maltese scientist and archaeologist. Following an introduction by numismatist Comm. Joseph Sammut, Prof. Roger Ellul-Micallef delivered a lecture on Sir Temi, as he was popularly known, wherein he described the attributes and achievements of this extraordinary Maltese personality, who distinguished himself not only locally but also abroad. Click here for more...
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Central Bank of Malta signs contract for currency processor-
The Central Bank of Malta today concluded a contract with De La Rue International Ltd for the supply and maintenance of a CPS 1500-5 Currency Processing System. The contract was awarded to De La Rue following an international call for tenders. The new processor, which can handle 1,500 banknotes per minute, will be used for the authentication and quality sorting of both Maltese lira and euro banknotes. The new system will enhance the Bank’s banknote sorting facilities to three times their present level. This increase in processing facilities is being undertaken both in order to deal more efficiently with the existing market demand for cash and in anticipation of the additional workload that will be created by the forthcoming changeover to the euro.
Click here for more...
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Familiarisation with security features of euro notes and coins-
The Central Bank of Malta would like to remind the public that the Maltese lira is the only legal tender currency in Malta and will remain so until Malta adopts the euro. Until that time the euro is to be treated as a foreign currency like any other. Click here for more...
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Central Bank of Malta Quarterly Review - Third Issue 2006
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The Central Bank of Malta has published the third issue of its Quarterly Review for 2006, which analyses economic and financial developments both in Malta and abroad during the second quarter of 2006. The Review also includes the results of the Bank’s latest business perceptions survey, its revised economic forecasts for 2006 and an article assessing the stability of the domestic financial system. Click here for more...
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The Archives Section of the Central Bank of Malta-
is planning to publish a commemorative booklet covering the historical background of the Bank’s premises.
Click here for more...
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Speech given by the Governor of the Central Bank of Malta at the Annual Dinner of the Institute of Financial Services - Malta-
Focusing his address to the annual dinner of the Institute of Financial Services (Malta) on the policy challenges beyond the euro, the Governor of the Central Bank of Malta, Michael C Bonello, called for a greater proportion of the national income to be devoted to strengthening the economy’s capacity to generate wealth on a sustainable basis. Click here for more...
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