MDB supports investment of €29.3 million in 96 projects of local SMEs Malta Development Bank loan guarantees issused for total €29.3 million in investments 22 January 2021, 12:17pm by MaltaToday Staff SMEs across a number of different economic sectors have undertaken new investment in 96 projects worth more than €29 million, with the support of the Malta Development Bank’s Loan Guarantee Scheme for SMEs. This investment is intermediated through Bank of Valletta, implementing partner of the SME Invest scheme. These figures, covering the period since the launch of the scheme in May 2019, reflect the proactive approach of local businesses, which took it upon themselves to delve into new projects in the midst of the challenging scenario posed by the coronavirus pandemic.