The Malta Development Bank has just issued the COVID-19 guarantee scheme enhancing access to bank financing for the working capital requirements of businesses in Malta facing a sudden acute liquidity shortage as a result of the COVID-19 outbreak.

More information on the CGS is available on the MDB website which can be accessed here.

As a Chamber we will be advocating that these incentives will translate themselves into bank loans that will really help struggling businesses at this point in time injecting the necessary liquidity that businesses require.