Pilatus Bank enjoys sound operational supervision as well as a solid reputational integrity in the global financial markets under the regulations and guidelines of the Malta Financial Services Authority (MFSA) and the European Central Bank (ECB). At Pilatus, vigorous governance is imperative to creating long-term value for our clients, financial partners, and shareholders.
Malta is one of the fastest growing economies in the EU zone. It has continuously outperformed the European Union in terms of real GDP growth with the average annual differential coming to 1.1% over the past 10 consecutive years from 2004 to 2014. In 2014 real GDP growth was 3.5%, which was above the Euro Area average (0.9%) and above the European Union average (1.3%).
Fitch and Moody’s have rated Malta ‘A’ and ‘A3’ with a stable outlook respectively in 2015. Malta enjoys having an exceptional track record in global financial landscape given that World Economic Forum’s Global Competitiveness Report ranked it as the 13th soundest banking system out of the 144 countries.