Revolut, the fastest growing FinTech in Europe, which officially launched in Malta in September providing advanced and more affordable digital banking alternatives is the banking of choice for GRTU Malta Chamber of SMEs.  

Revolut will be providing GRTU members with an exclusive 3 month free subscription. It is estimated that this incentive will potentially reach close to € 1 Million in value for 7,000 companies based in Malta

GRTU believes in the principles Revolut stands by and is a welcome breath of fresh air as a digital banking alternative. GRTU has been fighting and arguing against exorbitant and hidden fees and expensive access to finance. Revolut so far have provided a very good first step and we are excited to continue working together and developing new products for the needs of our members. It is high time that Maltese businesses are charged a straightforward cost that is not percentage based and does not include exorbitant costs, hidden profits or fees.

Read more: GRTU chooses Revolut Business for the benefit of Maltese companies

GRTU Malta Chamber of SMEs has today been awarded the first prize with its initiative entitled Enabling the Digital Transformation of Maltese SMEs within the category of Supporting the Internationalisation of Businesses.

Within this initiative GRTU has undertaken many activities for Maltese businesses to increase their online presence and help Malta reap more from being part of the single market. Amongst the initiatives undertaken are financial incentives to help small businesses go online, publication of a guidebook, development of an online learning tool and a themed conference.

GRTU has been working hard to help Maltese businesses take the next steps when it comes to their online presence. Statistical research showed that after only a few years of EU membership, internet penetration for Maltese households was increasing drastically and Maltese consumers buying online increased from 26% in 2007 to 51% in 2010.

Left to right - Marthese Micallef – GRTU Council Member, Paul Baldacchino – Chief Officer, Business 1st Ltd, Abigail Mamo – CEO, GRTU

Read more: GRTU wins first prize at the National Enterprise Support Award 2018

The President, the Executive Council and the local business community mourns the loss of Mr. Joseph G. Grech who was the President of the Gozo Chamber of Commerce for a number of years. Many of GRTU's councilors have worked closely with Mr. Grech on various fora and have always found him obliging and willing to help with enthusiasm and zest.

Mr. Grech has represented the Gozo business community on prestigious boards such as the MCESD, MEUSAC and the Enterprise Consultative Council amongst others. Members of GRTU's Executive Council have always spoken highly of Mr. Grech and his contribution to the discussions on various subjects. Mr. Grech was an example to others in the way that he was always well prepared for every meeting.

We offer our sincere condolences to Mr. Grech's Family.