“We are suc­ceed­ing in hav­ing a di­ver­si­fied ac­cess to fi­nance” – Min­is­ter Ed­ward Sci­cluna

The Malta Business Weekly - - FRONT PAGE -

“We have been in­tro­duc­ing a num­ber of fis­cal mea­sures all aimed at at­tract­ing in­vestors to use al­ter­na­tive fi­nan­cial in­sti­tu­tions where to in­vest other than the tra­di­tional bank­ing sec­tor. Such di­ver­si­fi­ca­tion will not only in­crease the op­tions of ac­cess to fi­nance by the eco­nomic op­er­a­tors but will re­duce the cost of fi­nance”, said Min­is­ter Ed­ward Sci­cluna when ad­dress­ing the An­nual In­vestor Ed­u­ca­tion Con­fer­ence or­gan­ised by the Malta Stock Ex­change.

The min­is­ter ex­plained that hav­ing more than 48 or­gan­i­sa­tions listed on the Reg­u­lated Main Mar­ket and an­other five com­pa­nies on the re­cently launched Prospects plat­form, in­di­cate that the Mal­tese Cap­i­tal Mar­ket is gain­ing mo­men­tum and pro­vid­ing an al­ter­na­tive source of fi­nance.

Fi­nance Min­is­ter Ed­ward Sci­cluna con­cluded by con­grat­u­lat­ing the man­age­ment and the staff at the Malta Stock Ex­change for their ster­ling work to en­sure that the Ex­change con­tin­ues to con­trib­ute to the coun­try’s eco­nomic growth, while con­tin­u­ing with its cor­po­rate so­cial re­spon­si­bil­ity drive through the or­gan­i­sa­tion of such con­fer­ences, to con­tinue ed­u­cat­ing in­vestors.

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