SD FINANCE

So which path did we choose? Our starting point was that the day when the pandemic would run its course had to come sooner or later. Our job was to prepare for its dawn. We wanted to be on our marks, set and ready to go when it did... It is not the first time we're taking this road. During the global financial crisis, which hit the world economy during 2008 and 2009, we invested large amounts to build hotel extensions and undertook refurbishment programs of the Group's mainstream properties, the db Seabank Resort & Spa and the db San Antonio Hotel... Recovery was bound to come sooner or later and so we did not leave our approach to it to chance. From the pandemic's inception, we had put our shoulders to the grindstone, made substantial financial sacrifices and took high risks to be able to move forward swiftly from the get-go to recovery. Happily, our approach worked, and we did not have to manage recovery on the hoof.

Also known as: SD Finance plc, SD Holdings Ltd

Primary location: Malta