Maltese banks’ assets rise as loans fall, central bank says
Assets pushed up by growth in mortgage and placements with eurozone banks
The loan-to-deposit ratio for Maltese banks fell to its lowest ever level last year, the Central Bank of Malta said in its financial stability report for 2016.
Bank lending to Malta’s non-financial corporations remained weak, the report said, noting that the non-financial sector was “increasingly resorting to the domestic capital market for its financing needs”. This low growth had helped push the loan-to-deposit ratio to 56%, the central bank said in its ninth annual report.
But the “total
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