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Malta Business Directory

Banks In Malta in Malta

53 verified businesses · Average rating 3.3/5

Quick Answer

Banks in Malta offer comprehensive financial services including business accounts, international transfers, and wealth management, with 53 verified businesses and an average 3.3/5 rating reflecting varied service quality.

About Banks In Malta in Malta

Malta's banking sector operates under strict EU and Maltese regulatory frameworks, overseen by the Malta Financial Services Authority (MFSA). Local banks provide services tailored to both EU and non-residents, with multilingual staff and digital banking options. While larger international banks like HSBC and Bank of Valletta dominate, smaller institutions offer niche services. The 3.3/5 average rating suggests mixed experiences, with top-rated options like Sparkasse Bank Malta plc excelling in customer service. Fees and requirements vary, so comparing offerings is essential for optimal financial solutions in Malta's competitive market.

UK businesses, expats, and visitors utilise Maltese banks for diverse needs: setting up corporate accounts, managing cross-border transactions, or accessing investment opportunities. Expats often seek accounts for salary payments and property purchases, while visitors may require multi-currency services. The sector's presence in Sliema and Go caters to high-demand areas, with Sliema SLM 1601 being a key hub. Despite the average rating, many institutions offer specialised services for non-residents, including tailored savings accounts and international mortgage solutions, making Malta an attractive financial gateway for Mediterranean operations.

Local Malta expertise is critical due to the island's unique regulatory landscape, tax incentives, and bilingual requirements. Maltese banks understand residency rules, compliance for non-residents, and EU directives like PSD2, ensuring smooth account setup and avoiding costly mistakes. Local advisors navigate cultural nuances and bureaucratic processes, saving time and reducing risks for UK businesses and expats establishing financial footholds in Malta.

Verified Banks In Malta in Malta

Qormi Branch

VFJ9+853

⭐5

ECCM Bank plc

230/231 "The Adelaide"

⭐5

Sparkasse Bank Malta plc

WG65+9CF

⭐5

HSBC

10 Triq Fisher

⭐5

NBG Bank Malta

124 Tower Road

⭐5

Bank of Valletta p.l.c. ATM - Ħal Lija

WC2W+RRC

⭐4.7

Novum Bank Limited (NBL)

The Emporium

⭐4.5

FCM Bank Ltd.

Birkirkara BKR

⭐4.4

FIMBank plc

Mercury Tower

⭐4.3

Izola Bank plc – Corporate Lending, Factoring, Personal Savings, Term Deposits

4 Castille St

⭐4.2

Central Bank of Malta

Castille St

⭐4.2

APS Bank Rabat

Is-Saqqajja Ir-Rabat

⭐4.1

Bank of Valletta p.l.c. - Birżebbuġa Branch ATM

11 Triq il-Bajja s-Sabiħa

⭐4

APS Bank Paola

Paola

⭐3.9

APS Bank Zejtun

Żejtun

⭐3.9

APS Bank Qormi

70 Triq San Bastjan Ħal Qormi

⭐3.8

MeDirect Bank

Triq Tigne'

⭐3.8

IIG Bank (Malta) Ltd.

Qui-Si-Sana Seafront

⭐3.7

BOV ATM Zurrieq

RFJF+FWX

⭐3.7

APS Bank Sliema

226

⭐3.6

APS Bank Mosta

9 Rotunda Mosta Mosta

⭐3.5

HSBC Rabat Branch

VCM3+976

⭐3.5

Bank of Valletta p.l.c. - BOV Centre

Triq il-Kanun Zone 4

⭐3.5

BOV ATM

VCRR+MMG

⭐3.4

APS Bank St Paul's Bay

Mosta Road St Paul's Bay

⭐3.3

Lombard Bank Malta p.l.c.

225 Tower Road

⭐3.3

BOV Luqa Branch

VF5Q+PRJ

⭐3.3

Atm Bov

WFFG+V5M

⭐3.3

APS Bank Birkirkara - Tower Street

Tower Rd

⭐3.2

BOV Branch Marsaxlokk

RGRV+FWR

⭐3.1

APS Bank Skyparks

Skyparks Business Centre Ltd - Level 1 Malta International Airport plc

⭐3

APS Bank Attard

Triq Santa Katarina

⭐3

HSBC Birkirkara Branch

1 Naxxar Road

⭐3

HSBC Qormi Branch

VFPG+852

⭐3

Bank of Valletta p.l.c. - Ħaż-Zabbar Branch

63 Triq is-Santwarju

⭐2.9

APS Bank Gozo

Triq Taħt Putirjal

⭐2.9

APS Bank Valletta

17 Triq Ir-Repubblika Il-Belt Valletta

⭐2.9

HSBC Zurrieq Branch

38 Triq Il-Kbira

⭐2.8

Multitude Bank (Malta) plc

120

⭐2.7

APS Hub

Triq Mikiel Ang Borg San Ġiljan

⭐2.7

Bank of Valletta p.l.c. - Sliema Branch ATM

WG74+8J9

⭐2.7

Hsbc Gzira Fr

55 Triq Ix - Xatt

⭐2.6

BOV

VGX4+FVQ St. Michael Bastion

⭐2.3

Bank of Valletta p.l.c. - Tal-Ibraġ Branch

33 Triq Ta' L-Ibraġ

⭐2.3

BNF Bank plc (Head Office)

203

⭐2.3

HSBC Bank Malta

78 Triq ir-Repubblika

⭐2.2

Bank of Valletta p.l.c. - Il-Belt Valletta Branch

41 Republic St

⭐2.2

Bank Of Valletta

184 Triq In-Naxxar

⭐2.2

Bank of Valletta p.l.c. - Mosta Branch

WC5G+V3C

⭐2.2

Bank of Valletta p.l.c. - Gzira Branch

216 Triq l-Imsida

⭐2.1

Showing top 50 of 53 verified businesses

Frequently Asked Questions

What documents are needed to open a bank account in Malta as a non-resident?

Typically, you'll need passport proof, address verification, and source of income documentation. Corporate accounts require additional business registration papers. Requirements vary by institution, so consulting with local experts is advisable.

Are Maltese banks safe for UK businesses?

Yes, Malta's banks are regulated by the MFSA under EU directives, offering deposit guarantee schemes up to €100,000. Top-rated institutions like Sparkasse Bank Malta plc demonstrate robust security and customer service standards.

Do Maltese banks offer multi-currency accounts?

Many banks, including Bank of Valletta and HSBC Malta, provide multi-currency accounts for businesses and expats, facilitating international transactions and reducing currency exchange fees.

What are the typical fees for business banking in Malta?

Fees vary based on services, with monthly maintenance charges, transaction fees, and international transfer costs. Local banks often offer competitive packages for EU businesses, so comparing 53 verified options is essential.

Can UK expats get mortgages from Maltese banks?

Yes, Maltese banks offer mortgages to expats, requiring proof of income and residency status. Lenders assess applications individually, with some offering favourable terms for property purchases in prime locations like Sliema.

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