CrediaBank confirms agreement to acquire 70% of HSBC Malta

CrediaBank confirms that it has signed a enactment enactment statement with HSBC for the acquisition of 70.03% of the shares of HSBC Malta for 200 cardinal euros.

HSBC Malta is simply a recognition instauration of recognized credibility with a important presumption successful the charismatic and increasing banking marketplace of Malta. It is the 2nd largest slope successful the country, with much than 200,000 customers done a wide scope of banking and security products, including, among others, lodging and idiosyncratic loans, loans to small and mean sized enterprises (SMEs) and beingness and non-life security products, while the wealth absorption section covers each the concern needs of its backstage clients.

According to the published fiscal statements arsenic of 30 June 2025, HSBC Malta had total assets of 7.9 cardinal euros, lawsuit deposits of 6.2 cardinal and a instrumentality connected equity of 12.7%. The Common Equity Tier 1 (CET-1) ratio stood astatine 22.5% and the Non-Performing Exposure (NPE) ratio astatine 2.5%.

The Transaction will accelerate the implementation of CrediaBank’s ambitious maturation plan, done the contiguous doubling of its assets, while expanding its activities to a caller and charismatic marketplace extracurricular Greece.

The two banks’ indebtedness portfolios will effect successful a much balanced wide portfolio consisting of high-quality retail and SME loans successful the two markets successful which the Group will present operate. HSBC Malta’s already successful security and wealth absorption services infrastructure is expected to further diversify CrediaBank’s gross premix by creating parallel concern and further commissions.