Further to the Authority’s proposal to the European Central Bank (ECB) to withdraw the authorisation of Pilatus Bank as a credit institution, the ECB’s Governing Council has decided to withdraw the authorisation of Pilatus Bank with effect from today.

The Competent Person remains in control of Pilatus Bank in terms of the Banking Act as communicated in Public Statement 03/2018 dated 2 April 2018. All of the regulatory measures taken in relation to the bank remain in full force and applicable until further notice by the Authority.

Further information may be obtained by accessing the Authority’s webpage www.mfsa.mt.

Any communication in relation to Pilatus Bank should be addressed to the bank on 356 2779 9999 or the Authority on contact number Freephone 80074924.