About Us

Main Menu

print_icon

Mission statement

The Central Bank of Malta is an independent institution, which forms an integral part of the Eurosystem and, as a member of the European System of Central Banks (ESCB), has the primary objective of maintaining price stability. The Bank is entrusted with all major central banking tasks, particularly that of ensuring the stability of the financial system.

It seeks to carry out its statutory responsibilities in the public interest and is committed to performing its functions effectively, efficiently and economically to the highest level of integrity, competence and transparency. In this regard it will continue to:

  1. undertake economic and financial analysis and research to support the Governor’s participation in the decision-making process of the Governing Council of the European Central Bank (ECB) and provide independent advice to the Government on economic and financial policy issues;
  2. implement the ECB’s monetary policy through market operations conducted within the operational framework of the Eurosystem;
  3. contribute effectively to the stability of the financial system by identifying and assessing systemic risks and imbalances, and making the appropriate policy recommendations;
  4. formulate and implement a macro-prudential policy to fulfil the tasks of the Bank as the national macro-prudential authority;
  5. promote and support the development and integration of financial markets in Malta through oversight of market infrastructures and by ensuring the availability of cost efficient securities settlement and  payment systems;
  6. provide an adequate supply of banknotes and coins (the latter on behalf of Government) to meet the demands of the public, while ensuring high quality and authenticity of the currency in circulation;
  7. collect, compile and publish economic and financial statistics in line with international standards;
  8. act as banker to Government and  to the banking system;
  9. hold and actively manage financial assets with the aim of optimising returns, subject to prudent risk management practices;
  10. actively participate in the ESCB, the Eurosystem and other relevant European Union bodies, including their sub-structures.

Finally, as a member of the Eurosystem, the Bank continues to subscribe to the Eurosystem’s mission, strategic intents and organisational principles.