Banka Creditas has completed the acquisition of Malta-based MeDirect Bank.
The privately owned Czech-based Creditas Group has interests in financial services, real estate and energy. The acquisition follows the signing of a share purchase agreement in November 2024 and subsequent regulatory approval from the European Central Bank (ECB) in August 2025.
Founded in Malta in 2004, MeDirect was Malta’s first digital bank, offering a blend of mobile and digital banking and investment services, combined with personalised services through its branches and Malta-based contact centre. Its expansion as a purely digital bank into Belgium saw it become the third largest Maltese bank with more than 160,000 customers throughout the group, holding more than €6 billion in assets.
Jiří Hrouda, CEO of Creditas Group, said: “We are enthusiastic to welcome MeDirect into the Creditas family. While MeDirect has already delivered impressive sustainable growth, we strongly believe that there is still enormous potential for further development. With a best-in-class secure digital banking platform, developed by the Malta-based tech team, and a unique set of banking, investment and lending services for retail and corporate customers, MeDirect and Creditas Group share the same DNA and aspire to serve the most demanding clients.”
While the MeDirect Group will now become a subsidiary of Banka Creditas, which has been operating in Czechia since 2016, the MeDirect brand will be retained.
“Today marks the beginning of a new chapter in MeDirect’s growth journey. Having Banka Creditas as our shareholder means we now have greater firepower to continue our mission to challenge the traditional banking landscape,” said Jean-Claude Maher, Group CEO of MeDirect. “Our shared standards with Banka Creditas around customer-centricity and innovation make this partnership particularly exciting as we seek to expand the bank and find new opportunities to make our digital banking platform more widely available across Europe.”
“The strategic partnership with Banka Creditas represents more than just financial backing, it’s an alignment of values and vision, with both organisations sharing a commitment to challenging the status quo in banking. Maltese retail and corporate customers can rest assured that MeDirect will remain a proud Maltese bank, fully committed to meeting the needs of customers and supporting the country’s economic prosperity. Expect to see further developments in the coming months”, concluded Maher.