Publications & Research

Annual Report

In line with the provisions of the Central Bank of Malta Act, the Bank publishes an Annual Report. This includes the Bank's certified annual accounts, a statement of its investments and a report on its operations during the previous year. The Annual Report also includes a Foreword by the Governor, an Executive Summary, an analysis of economic and financial developments in Malta and abroad and an assessment of the economic outlook. 

Annual Report 2025

 Press Release

 AR 2025 Presentation

 AR 2025 Launch

AR Press Release
 Full Report and Statement of Accounts Full Report
 Foreword Foreword

 Part I - Financial and Economic Developments

  1.  The Euro Area and the External Environment
          Box 1 - Chronology of ECB Monetary Policy Decisions in 2025
  2.  Monetary and Financial Developments
  3.  Output and Employment
          Box 2 - Economic Projections
  4.  Prices, Costs and Competitiveness
  5.  Balance of Payments
  6.  Government Finance
          Box 3 - The sustainability of Maltese Government Debt
Part I - Financial and Economic Developments

 Part II - Bank Policies, Operations and Activities

  1.  Monetary Policy and Financial Market Operations
  2.  Financial Stability
  3.  Economic Analysis and Research
  4.  Statistics
  5.  Currency, Payment Systems and Banking Services
          Box 4 - Numismatic release in 2025
  6.  Corporate Governance
  7.  Resources Management
  8.  Corporate, Environmental and Social Responsibility
  9.  International Relations
Part II - Bank Policies, Operations and Activities
 Part III - Financial Statements Part III - Financial Statements