Surrender of Licence by Erste Bank (Malta) Limited
MAY 30, 2014

This notice is to make the general public aware that Erste Bank (Malta) Limited (‘the Bank’) requested the Malta Financial Services authority (‘MFSA’) to accept the surrender of the banking licence to undertake credit institution activities in terms of the Banking Act Cap. 371. The MFSA has accepted this request. This surrender is entirely voluntary and does not arise as a result of any regulatory action taken by the MFSA.

Accordingly, with effect from 31 March 2014, Erste Bank (Malta) Limited ceased to be licensed by the MFSA.

MFSA Ref: 41-2014