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The Malta
Association of Credit Management (MACM) was set up in
June 2001 following a number of bankruptcies in the
retail sector, a slowing down of payments by customers
in all areas of the economy, and a large number of
dishonoured cheques being faced by manufacturers,
wholesalers, distributors and retailers in the Maltese
business arena.
MACM is a
legal entity by its own Statute, is a members-owned, a
non-profit-making organisation, and is made up of
Maltese organisations coming from different sectors of
the Maltese economy, all selling to the local market on
credit.
Today, MACM
represents a substantial share of the economy with its
Members’ total annual turnover amounting to
Lm465,000,000, and employing more than 12,000 people.
The Mission
of MACM is achieved by a number of actions, including:
- fostering
and facilitating of the exchange of credit information
- encouraging
efficient service in the collection of amounts due,
-
disseminating useful and instructive articles and ideas
with respect to credit management techniques,
- promoting
economy and efficiency in the handling of estates of
insolvent, distressed or bankrupt debtors and
- promoting,
supporting or opposing any legislative or other measures
which effect the aforesaid interests represented in
these and other developments.
In a meeting
held in Oslo, Norway, on the 16 May 2003, MACM has
applied for membership with FECMA – Federation of
European Credit Management Associations, which request
was approved unanimously by all the twelve national
association members.
Contact
Information
Malta Association of Credit
Management (MACM)
86/2, Triq ta’ Mellu
Mosta MST 06
Tel. 00356 21 423638 / 9
Website:
www.macm.org.mt
Email:
jbusuttil@macm.org.mt |
