The smooth flow of funds across a financial system depends on an efficient arrangement for the transmission, clearing and settlement of payments in a risk free environment. Hence, central banks across the world have to provide arrangements for the timely and secure settlement of high value domestic payments and it was with this objective that the Central Bank of Malta created MaRIS.

MaRIS ceased operation on 31 December 2007 as a result of Malta’s adoption of the euro. The Central Bank of Malta has operated TARGET2Malta, which forms part of TARGET2, since 19 November 2007.

Link to MaRIS Statistics

Link to TARGET2