The COVID-19 may have created money pressures for your and your family. A reduction or loss of salary is bound to do this. You may have had a Rainy Day Fund in hand to see you over a money emergency. You have been trying to keep things normal and you have been dipping into the…
Details
The ĠEMMA Team refers you to its Money Management and COVID-19 post – MORATORIUM ON LOANS AND OTHER CREDIT FACILITIES – click here. This post relates to the COVID-19 measure that established a moratoria on bank loans and other credit facilities. On 24th April the Central Bank of Malta issued a clarification. The clarifications are…
Details
You may wish to note that BOV together with the MDB has launched the BOV-MDB COVID Assist scheme (BMCA). The purpose of this scheme is that of assisting large and SME companies that are facing unprecedented disruptions because of COVID-19. The scheme will help employers meet working capital requirements, aiding them with the following costs:…
Details
The ĠEMMA team has uploaded a new calculator – the ‘ĠEMMA My Net Worth Calculator’ Net worth is a relatively quick and easy calculation to make, and it’s a valuable way to track your financial progress and see if you’re really getting ahead. So what is net worth and how do you work out your…
Details
How to stay safe from scams during COVID-19 This article is posted by Tom Harman on New Zealand’s Sort-It. It is being presented on the ĠEMMA portal. The original article is to be found here: https://sorted.org.nz/must-reads/how-to-stay-safe-from-scams-during-covid-19/ If there’s one way that scammers are predictable, it’s that they will take advantage of people whenever they can.…
Details
To download the guidebook, please click here. We are living in game changing times. Some are bearing the brunt of COVID-19 more than others. Yet all of us are affected in a way that will scar us for the rest of our lives. Whilst health is foremost on our mind, next top on our priorities…
Details
Step 1 – First choose the product or service that you are interested in.Go Step 2 – I wish to look at Fixed Term Deposits. Click on Fixed Term Deposits and the following screen comes up.Go Step 3 – Click on banks you wish to compare. In this case the data base allows you to…
Details
You are to note that the government has issued instructions that loans / credit (capital) and interest payable is suspended for 6 months. This moratorium applied on credit facilities provided by credit and financial institutions is to support persons who have been materially effected by the COVID-19 outbreak. The moritorum applies to: Non-financial corporations Micro,…
Details
Eligibility criteria – Persons employed in the Maltese private sector on a full-time or part-time basis, who after the 27th March 2020, due to the impact of Covid-19 are neither allowed to commute to work nor work remotely as instructed by the Superintendent of Public Health of Malta to stay safe at home, are not…
Details
Eligibility criteria – Persons with disability **, employed in the private sector, full-time or part-time, who, as of 8th March 2020, due to the impact of COVID-19, cannot go to work on medical advice and are not able to work from home. Registered with Jobsplus as a person with disability ** ** You have a…
Details