MeDirect Bank (Malta) plc is pleased to announce that its recent €30,000,000 5.85% Unsecured Subordinated Bonds 2031-2036 issue has been oversubscribed, reflecting strong demand from investors and confidence in the Bank’s long term growth strategy.
The positive response to the bond offer is a significant endorsement of MeDirect’s vision to become Malta’s leading digital bank, providing customers with a comprehensive range of banking, savings and investment solutions through a seamless digital experience.
The success of the bond issue draws on the trust that Maltese investors place in MeDirect, its business model and its continued commitment to delivering value to customers. In addition to focussing on helping individuals manage their finances through innovative daily banking services, competitive savings products and a broad range of investment opportunities, the Bank also supports the business community in Malta through a growing suite of corporate banking and financial services.
Commenting on the successful outcome of the offer, MeDirect CEO Jean-Claude Maher thanked all investors who participated in the issue for their continued confidence and support. “This strong level of demand is a clear vote of confidence in MeDirect’s strategy and future direction. We are grateful to all investors who chose to participate in this bond issue and place their trust in our vision. Their support reinforces our ambition to continue building Malta’s leading digital bank, offering market leading solutions for retail and business customers.”
MeDirect Bank (Malta) plc, company registration number C34125, is regulated by the Malta Financial Services Authority and is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370).
MeDirect Bank (Malta) plc, The Centre, Tigné Point, Sliema, TPO 0001, Malta.
