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Malta: Introduction of state aid to establish Malta Development Bank (MDB)

Description

On 24 August 2016, the European Commission approved a EUR 200 million (USD 226.5 million) financial support measure from Malta. The aid will support the creation of the Malta Development Bank (MDB). T...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Sep 2016

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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