MeDirect Group has finalised its acquisition by Banka CREDITAS, marking the beginning of a new growth phase for Malta’s first digital bank.
The transaction, first announced in November 2024, received approval from the European Central Bank (ECB) in last month and has now been formally completed. The deal sees Banka CREDITAS, part of the Czech-based privately owned CREDITAS Group, acquire all shares of MDB Group Limited, the parent company of MeDirect Bank (Malta) plc, from Medifin Finance Limited.
Founded in Malta in 2004, MeDirect has grown into a pan-European challenger bank. With more than 160,000 customers and over €6 billion in assets, it combines digital and mobile banking with investment services and personalised support through its branches and local contact centre. The bank has also established itself in Belgium, where it operates purely digitally.
Although now a subsidiary of Banka CREDITAS, the MeDirect brand will be retained. MeDirect Group CEO Jean-Claude Maher said the acquisition gives the bank greater firepower to continue their mission to challenge the traditional banking landscape.
For Malta, the bank has signalled plans to broaden its product offering for both retail and corporate customers, building on its strong reputation in areas such as deposits, multi-currency accounts, investment services and home loans.
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Written By
Nicole Zammit
When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.
