On 28 October the MDB welcomed senior officials from 30 other promotional banks as the Bank hosted the 2022 annual General Assembly of the European Long-Term Investors Association (ELTI).
ELTI members represent a European-wide network of National Promotional Banks and Institutions which offer financial solutions tailored to the specific needs of their respective country and economy. Over the past years, ELTI has strengthened its role as a visible stakeholder which represents, at both European and national levels, the position of its 31 current members, which are notably made up of National Promotional Banks and Institutions.
During their meeting in Malta, the promotional banks discussed the key lessons learnt from the respective support measures to the multiple crises which affected the European economy in the past couple of years, namely the COVID-19 pandemic, the Russian invasion of Ukraine and the supply-related headwinds and inflationary pressures which are now leading to a rise in interest rates in most countries.
