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ARTICLE · 21 FEBRUARY 2018

Launch Of New Scholarship For The Financial Service Sector

A new scholarship scheme specifically aimed at the financial service sector has been launched by the Ministry for Education and Employment.

MaltaFinance and Banking

A new scholarship scheme specifically aimed at the financial service sector has been launched by the Ministry for Education and Employment.

With respect to financial services, Malta ranks within the top 50 countries in the World Economic Forum's Global Competitive Report 2015-2016. In fact, Malta ranks 25th in the world for its availability of financial services, 23rd for affordability of financial services and 33rd for financing through the local equity market. Despite being the smallest EU Member State, Malta distinguishes itself in this sector.

This sector is facing difficulties to fill in specific vacancies, both at top and lower levels, mainly due to professional, technical and practical skill gaps. The scholarship scheme aims to address this through specialised training in various areas of the financial services.

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