CBM supports Malta Community Chest Fund Foundation with €50,000 donation

(source: Unsplash/Kat Yukawa)

Last Updated on Friday, 5 July, 2019 at 9:44 am by Christian Keszthelyi

The ​Malta Community Chest Fund Foundation (MCCFF) received a donation of €50,000 from the Central Bank of Malta (CBM), raised from the sale of coin cards of the €2 commemorative coins with the theme “”Cultural Heritage”, according to a press release issued by the government’s Department of Information (DOI).

President George Vella was presented with the donation of €50,000 by Mario Vella, Governor of the Central Bank of Malta, during a courtesy call at The Palace in Valletta. The President expressed his gratitude for the donation made to the Malta Community Chest Fund Foundation (MCCFF) and said that such a donation will allow the MCCFF to assist more individuals that require their services.

The €2 commemorative coin is the third in a series of five being issued by the central bank. The coin was designed by the secondary school students who were selected by an expert panel in a design contest. The next two coins in the series for 2019 and 2020 will be based on the themes “Nature and Environment” and “Games” respectively, according to the press release.

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Marija is an English literature undergraduate at the University of Malta. Being new to journalism, she is an enthusiastic member of Business Malta’s editorial staff. Her keen interest to learn more about the business and economy landscape of Malta and commitment to developing her writing skills make her a writer of great potential. Her main interests include reading, travelling and writing.