The Central Bank of Malta was established by the Central Bank of Malta Act on 17 April 1968. On 1 May 2004 the Bank joined the European System of Central Banks (ESCB) and on 1 January 2008 it became part of the Eurosystem. The main objective of the Eurosystem and the Central Bank of Malta is to maintain price stability. In order to meet this objective, the Central Bank of Malta participates in the preparation and decision-making process of the Eurosystem’s monetary policy. Other than the objectives of maintaining price stability, the Central Bank of Malta has other responsibilities as outlined in its mission statement. See our Social Media Terms of Use here: https://www.centralbankmalta.org/en/social-media-policy