Malta was an integral part of the story of a changing world and was well positioned to capitalise on the opportunities the future global economy holds for the country, HSBC Bank Malta CEO Andrew Beane said.

Mr Beane was speaking at The Economist’s The World in 2016 gala dinner, where HSBC Bank Malta was the lead sponsor.

“While, of course, we need to navigate the immediate challenges right in front of us, we equally need to position ourselves to thrive in a new economic world order driven by the growth of emerging markets and an ever more integrated global economy. This is a transformational and permanent structural change and I think here in Malta we are extraordinarily well positioned to capitalise upon this,” he said.

According to Mr Beane, the future global economy will be significantly larger and more closely integrated than today, creating many opportunities for Maltese businesses to grow.

“The global economy will also be a digital economy where it matters far less how big or small you are,” he added, quoting from the latest HSBC report Trade Winds, available at HSBC Global Connections.

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