Established in 2014, SataBank offers a range of retail banking products (current accounts, payment cards, time deposit accounts as well as e-money accounts) to private individuals. SataBank also provides commercial banking solutions to corporates, which include merchant acquiring facilities and payment services.


Retail Banking
Corporate Banking


Total Assets (2016)
324.00 mln EUR  (+500.00%)
Number of Employees (2015)

SATABANK plc is the 12th largest bank in Malta in terms of total assets. In 2016 its total assets were 324,00 mln EUR, providing the bank with the market share of 1.25%. SATABANK plc had 14 employees in 2015.

SATABANK plc participates in deposit guarantee scheme of Malta. This scheme covers accounts up to 100 000 EUR per bank per depositor.


Aragon Business Centre, Dragonara Road,, STJ 3140, St Julian's, Malta
+356 2247 7900

SATABANK plc is headquartered in St Julian's.

Bank Identifiers

Start Date
November 2014

Business Summary

retail banking
corporate banking

SATABANK plc provides products and services in the areas of retail banking, corporate banking.

Financial Positions

Total Assets (2016)
324.00 mln EUR  (+500.00%)

In 2016 total assets of SATABANK plc were 324.00 mln EUR. Growth compared to the previous period (2015) was 500.00%.

Profit and Loss

Annual Profit (2016)
4.00 mln EUR

Recent changes in gross profit of SATABANK plc and its main components are shown in Table 1.

2015 2016 % change
Net Interest Income 1.0 1.0 0.00%
Net Commission Income 1.0 3.0 +200.00%
Table 1. Recent changes in gross profit of SATABANK plc (mln EUR).

In 2016 annual profit of SATABANK plc was 4.00 mln EUR.

Number of Employees

Number of Employees (2015)

In 2015 there were 14 employees of SATABANK plc.

Market Share and Rank (among banks in Malta)

Total Assets (2016)
12th (market share 1.25%)

In 2016 SATABANK plc was ranked the 12th largest bank in Malta in terms of total assets, having 1.25% of the domestic market share.

Market share of SATABANK plc (among banks in Malta)

Chart 1. Market share of SATABANK plc (among banks in Malta)

Several banks having the market shares and ranks closest to SATABANK plc are shown below.

RankNameTotal AssetsMarket Share
11 ECCM Bank plc (new)355.00 mln EUR1.36%
12 SATABANK plc (new)324.00 mln EUR1.25%
13 PILATUS BANK PLC (new)309.00 mln EUR1.19%

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Malta are obliged to participate in Maltese deposit guarantee scheme.

In the case of SATABANK plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  most types of deposit are covered, including current, deposit and savings accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  in the same currency as the deposit

Further Information


BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of SATABANK plc and its components are shown in the table below.

Bank BIC Code  STBA
Country Code  MT (Malta)
Location Code  MT
Branch Code  XXX


MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of SATABANK plc is shown in the table below.


Domestic Presence

Branches (2015)

In 2015 SATABANK plc had 1 branches in Malta.