The
Malta Bankers' Association (MBA) is following developments
in the worldwide outbreak of COVID-19 and the significant impact it
is having on various national economies.
The likely consequences on the Maltese economy cannot be
overlooked and among the sectors particularly at risk are the
hospitality and related industries most directly impacted by shifts
in tourism.
In this respect the MBA wishes to advise that its member banks
are actively assessing the situation of those sectors and customers
most affected by these exceptional adverse conditions.
The MBA has received the assurances of its member banks that
they are always open to engage with those sectors and customers to
determine whether any supporting measures are applicable or merited
within their particular circumstances.
