About Us

CBM Fund

The Bank believes in the need to support educational, cultural, and scientific activities, as well as social causes, of a national stature, and the protection of national heritage. For this purpose, the Central Bank of Malta Fund was established in January 2022 with the following objectives and purposes:

  • To support and fund projects of a national stature with lasting visibility relating to:
    • education including inter alia language, literature, history and other humanities disciplines;
    • cultural activities, including inter alia drama, dance, music, and other arts;
    • scientific research including inter alia medicine, animal welfare and environmental conservation;
    • and social causes;
  • To encourage and support research, protection, and preservation of Maltese national heritage;
  • To promote research and higher education in the Bank's and the Fund's areas of activity, and to this end, whether on its own or together with other institutions, be they public or private entities, local or foreign, participate in research and teaching activities, including the organisation of conferences, seminars, symposia, and courses of academic or technical instruction, grant scholarships and awards for excellence;
  • To make contributions towards educational, cultural, scientific activities, and social causes, in order to support legal persons involved in substantial voluntary, not-for-profit and/or philanthropic work; and
  • To assist individuals with proven commitment to work on a valid project relating to an educational, cultural, or scientific activity, leading to study, research and publication.

The Central Bank of Malta Fund's Advisory Board is mandated by the Board of Directors to identify projects of a national stature with lasting visibility worthy of support by the Bank, through funds set aside for non-business-related purposes.

The members of the Fund's Advisory Board are Mr Narcy Calamatta who acts as Chair, Prof. Yosanne Vella, Prof. Marvin Formosa, Marquis Nicholas de Piro and Dr Pauline Lanzon. Dr Jeremy Buttigieg acts as Secretary and Mr Raymond Filletti is the Projects and Financial Controller.

Mr Calamatta's appointment follows that of Fr Marius Zerafa, Founding Chairperson of the Fund (previously Foundation), who sadly passed away in October 2022.

Amongst the projects pursued during 2022, was the production of a one-hour docudrama on the 1984 robbery of the St Jerome Caravaggio masterpiece from the St John's Co-Cathedral in Valletta. Some of the beneficiaries who received financial support were: ALS Malta for purchase of medical equipment at Dar Bjorn; the University of Malta Rowing Club for two C2X boats and oars to host the ANZAC Day Regatta event in April 2023; the Soċjetà Filarmonika Pinto Banda San Sebastjan towards the production of the Oratorio Sebastianus Christianus at the Metropolitan Cathedral in Mdina in January 2023; the Senglea Historical Society towards a publication on the history of Senglea; and leading cardiologist Prof. Victor Grech towards the publication 'A Tale of Four Cities' in aid of Beating Hearts Malta and Save and Support Trust.

Other meritorious projects to which the Bank pledged support upon their completion included the purchase of equipment to be placed in a new rehabilitation centre for Inspire Foundation, restoration works on the medieval chapel of St Catherine in Żejtun as pursued by Wirt iż-Żejtun, a publication by Fondazzjoni Patrimonju Malti on the history of film and cinema in Malta, and the purchase of full urban search and rescue kits for the Canine Search and Rescue Team, pursued by the Order of Malta.

The Fund is independent of any political, ideological and/or denominational influence.

Applications are to be submitted by filling this form and sent to the below address or via email

Central Bank of Malta Fund
Fund Secretariat
Central Bank of Malta 
Castille Place
Valletta – VLT1060

CBM Fund
First row from left: Mr Alexander Demarco (Deputy Governor responsible for Monetary Policy),
Mr Narcy Calamatta (Chair), Prof. Edward Scicluna (Governor) and Mr Oliver Bonello (Deputy Governor responsible for Financial Stability)
Second row from left: Prof. Marvin Formosa, Prof. Yosanne Vella, Marquis Nicholas de Piro
and Dr Pauline Lanzon (Board Members)
Third row from left: Mr Raymond Filletti (Projects and Financial Controller)
and Dr Jeremy Buttigieg (Secretary)

Photo: Melvin Bugeja