Sparkasse Bank Malta plc was established in Malta in October 2000. Sparkasse Bank Malta provides private banking, investment, custody and depository services. Sparkasse Bank Malta seeks to avoid complexity of its products and services and embraces transparency, ethics and prudence in its business.
In 2023, Sparkasse Bank Malta plc achieved the position of 8th largest bank in Malta with a market share of 2.85%; its total assets grew by 4.25%.
Additionally, the bank became the 1st profitable bank in relation to its total assets showcasing 1.43% return on assets and 22.97% return on equity in 2023.
Deposits up to 100,000 EUR are covered by Maltese deposit guarantee scheme in Sparkasse Bank Malta plc.
Sparkasse Bank Malta plc ranks as the 8th largest bank in Malta by total assets. In 2023 its total assets were 937.54 mln EUR, representing a 2.85% market share. In 2023 the bank's net income was 13.14 mln EUR. As of 2017, the bank employed 59 people.
Sparkasse Bank Malta plc protects deposits up to up to 100,000 EUR per depositor through Malta's deposit guarantee scheme. The scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign). The bank participates in the Depositor Compensation Scheme (DCS), making regular contributions into it.
Sparkasse Bank Malta plc is headquartered in Sliema.
Sparkasse Bank Malta plc has profiles at the following social networks: