ECCM Bank plc

Business Focus
corporate banking

ECCM Bank Plc was granted a banking licence on 1 July 2014. Raiffeisen Bank International AG sold its business on Malta (Raiffeisen Malta Bank) to the newly-formed ECCM Bank. The sale/purchase agreement was signed in December 2013. ECCM Bank offers banking services to international corporate clients, including short term and long term lending, deposit accounts, payment services, safekeeping and administration of securities.

Services

corporate banking
securities services
marine finance
payment services
invoice discounting
financian leasing

Products

current accounts
savings accounts
time deposit accounts
overdraft loans
revolving credits
refinancing loans
risk participation transactions
bank guarantees

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Financials

Total Assets of ECCM Bank plc
Profit_before_taxes of ECCM Bank plc
Market Share of ECCM Bank plc
Total Assets (2018)
595.00 mln EUR  (+33.71%)
Profit before Taxes (2018)
16.62 mln EUR  (+63.58%)
Number of Employees (2015)
10 

ECCM Bank plc is the 9th largest bank in Malta in terms of total assets. In 2018 its total assets were 595,00 mln EUR, providing the bank with the market share of 2.09%. In 2018 the bank's profit before taxes was 16,62 mln EUR. ECCM Bank plc had 10 employees in 2015.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Depositor Compensation Scheme (DCS)
Covered Depositors
natural persons (Maltese and foreign)
legal entities (Maltese and foreign)
Covered Accounts
most types of deposits

ECCM Bank plc participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. ECCM Bank plc is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.

Contacts

The Adelaide, 230/231, Tower Road, SLM 1607, Sliema, Malta
22600000
21320954
Website Languages
GBEnglish

ECCM Bank plc is headquartered in Sliema.

Bank Identifiers

BIC (SWIFT)
ECMBMTMTXXX
LEI
5493006Z4NTMNDDBGL49
MFI ID
MTCIECCM

Bank History

Start Date
July 2014

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See Also

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