Tag: Merkanti Bank


Merkanti Bank prepares to close after a decade in Malta

A decade after establishing its presence in Malta, Merkanti Bank, a small but specialised non-retail lender ultimately controlled by United States-based investors, is preparing to close its operations in the jurisdiction. According to individuals familiar with the matter, the institution has begun a structured wind-down process that will bring an end to its activities on the island. Employees have been issued termination notices, and internal communications indicate that the bank will cease operations in the coming weeks....

Continue Reading