Banking
Malta — Banking: Best Banks
The MFSA licenses Malta credit institutions, and the Central Bank of Malta names APS Bank, Bank of Valletta, BNF Bank, HSBC Bank Malta and Lombard Bank as the core domestic banks.
VerifiedGovernment / official sourceCentral Bank of Malta / MFSA — credit institutionsLast reviewed: 2026-10-23
Why this matters
Choosing the right bank in Malta can affect the services and fees associated with your account, making it a relevant consideration for expats and residents.
Key facts
- The MFSA brochure counts 21 credit institutions, including branches, in Malta.
- The Central Bank of Malta 2022 annual report lists the core domestic banks as APS Bank, Bank of Valletta, BNF Bank, HSBC Bank Malta and Lombard Bank; the list may have changed since.
- The MFSA credit institutions page is the authoritative licence register; neither regulator ranks banks.
- Credit reference agencies such as Creditinfo Malta and Malta Credit Bureau are licensed separately by the Central Bank of Malta and are not banks.
Steps
- Researching Banks in Malta — Start by researching the different banks operating in Malta to compare their services and fees. Look for banks that offer the services you need, such as online banking, ATM access, and customer support.
- Comparing Fees and Services — Compare the fees and services offered by different banks in Malta. Consider factors such as account maintenance fees, transaction fees, and interest rates on deposits and loans.