
HSBC Bank Malta P.L.C. is a subsidiary of HSBC Holdings plc, one of the largest banking and financial services organizations in the world.
The company is a public limited company incorporated in Malta, with its registered office in Valletta.
It is regulated by the Malta Financial Services Authority, which ensures compliance with financial regulations and laws.
As a public limited company, HSBC Bank Malta P.L.C. has a board of directors that oversees the company's operations and strategy.
The company's shareholders include institutional investors, individual investors, and HSBC Holdings plc, which holds a significant stake in the company.
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Understanding IBAN
You need an IBAN in Malta to make international money transfers to a bank account. This is because a standard bank account number isn't enough for international transfers.
IBANs contain all the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognized in some areas of the Middle East, North Africa, and the Caribbean.
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The IBAN for HSBC Bank Malta P.L.C. in Malta consists of 31 characters. These characters include the 2-letter country code, 2-digit check number, 4 characters from the bank code, 5-digit code for the bank branch, and 18-digit code for the bank account number.
Here's a breakdown of the HSBC Bank Malta P.L.C. IBAN example in Malta:
HSBC Bank Malta Information
APS Bank plc submitted a non-binding offer to acquire 70.03% stake in HSBC Bank Malta p.l.c. from HSBC Continental Europe, S.A. on November 27.
HSBC Malta is unaware of any negotiations for a stake sale, according to a statement made on September 12.
A non-binding offer was submitted by APS Bank plc, which indicates that the offer is not a formal agreement, but rather a preliminary proposal.
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Company Structure
HSBC Bank Malta is a subsidiary of HSBC Holdings, a global banking and financial services organization.
The bank's structure is designed to provide a wide range of financial services to its customers.
HSBC Bank Malta has a strong presence in the Maltese market, with a network of branches and a team of experienced staff.
The bank's operations are overseen by a Board of Directors, which is responsible for setting the overall strategy and direction of the bank.
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Commercial
Commercial banks play a vital role in the financial system, providing a wide range of services to individuals and businesses. One notable example is HSBC Bank Malta p.l.c., which has seen a 1.43% increase in its stock value over the past 5 days.
The average stock value of commercial banks has also experienced a 0.11% increase over the past 5 days. This suggests a relatively stable market trend.
Some commercial banks have seen significant changes in their stock value over the past year. For instance, Agricultural Bank of China Limited has seen a 1.43% increase in its stock value over the past year.
Here's a brief overview of the stock value changes for some commercial banks over the past year:
Overall, commercial banks have experienced varying degrees of change in their stock value over the past year, with some seeing significant increases and others experiencing declines.
Managers: P.L.C
The company structure of a P.L.C like HSBC Bank Malta p.l.c. is led by a group of experienced managers. Charlotte Cilia is the Director of Finance/CFO, appointed on 2020-11-30.

These managers are responsible for overseeing various aspects of the company's operations. Mandy Falzon, appointed on 2021-02-28, serves as the Compliance Officer.
The company also has a Corporate Secretary, Paula Mamo, who was appointed on 2022-04-30. Steven Beddow, appointed on 2022-10-31, is a Corporate Officer/Principal.
Here is a list of the managers mentioned in the article:
Shareholders:
Let's take a closer look at the shareholders of HSBC Bank Malta p.l.c.
The largest shareholder is HSBC Holdings PLC, holding a staggering 70.03% of the company's equities.
HSBC Holdings PLC owns a massive 252,322,361 equities.
The valuation of HSBC Holdings PLC's share is a whopping €375 million.
HSBC Global Asset Management (Malta) Ltd. is another significant shareholder, holding 0.8379% of the company's equities.
In terms of numbers, HSBC Global Asset Management (Malta) Ltd. owns 3,019,093 equities.
The valuation of HSBC Global Asset Management (Malta) Ltd.'s share is a relatively modest €4 million.
APS Bank Plc (Private Banking) is another shareholder, holding a small 0.2036% of the company's equities.
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APS Bank Plc (Private Banking) owns 733,635 equities.
The valuation of APS Bank Plc (Private Banking)'s share is €1 million.
Here's a summary of the top shareholders:
It's worth noting that ALTYNGOLD PLC is also a shareholder, but its share is significantly smaller, holding only 0.06% of the company's equities.
APS Declares Interest in Buying
APS Bank has officially confirmed its interest in purchasing HSBC Bank Malta.
The bank's largest shareholder, the Church, will be a key player in this acquisition. The Church owns 55% of the shares through AROM Holdings Ltd.
APS Bank has submitted a Non-Binding Offer to HSBC Holdings plc, the ultimate parent company.
Alvarez & Marsal is leading the financial advisory team, while Ganado Advocates is providing legal counsel.
The Bank's Board of Directors and Management will engage with stakeholders, including shareholders, to inform them about the acquisition's rationale and merits.
The acquisition is driven by APS Bank's need for scale, which has been a priority for many months.
Financial Performance
HSBC Bank Malta's valuation has seen significant fluctuations over the years, with its market capitalization ranging from 468M to 51.47B.
The bank's enterprise value has also experienced a considerable decline, dropping to -1.24B in 2023. This is likely due to various factors, including changes in market conditions and the bank's overall performance.
Here are some key valuation metrics for HSBC Bank Malta:
The bank's free float is around 29.96%, indicating that a significant portion of the company is publicly traded.
Valuation
The valuation of a company is a crucial aspect of its financial performance.
In the case of HSBC Bank Malta p.l.c., the capitalization has fluctuated over the years, ranging from 468 million to 51.47 billion.
The market has been paying attention to the company's P/E ratio, which was 5.32x in 2023 and 5.15x in 2024.
Enterprise value is another key metric, and HSBC Bank Malta p.l.c.'s has been negative, ranging from -1.24 billion to -195 billion.
The free-float percentage is also worth noting, standing at 29.96%.
Here's a breakdown of the valuation metrics for HSBC Bank Malta p.l.c.:
The yield has been increasing over the years, from 11.7% in 2023 to 15.4% in 2024.
Sales by Activity
HSBC Bank Malta p.l.c.'s sales by activity reveal a mix of growth and decline across different sectors.
Their Wealth and Personal Banking (WPB) sales have seen significant fluctuations, with a high of 165M in 2023, a low of 72.58M in 2020, and a steady increase from 85.44M in 2021 to 98.46M in 2022.
Commercial Banking sales have been more consistent, with a steady increase from 32.42M in 2020 to 58.03M in 2022, and a slight decline to 67.33M in 2023.
Global Markets sales have been relatively stable, ranging from 2.55M in 2019 to 3.32M in 2023, with a slight increase to 3.8M in 2022.
The Corporate Centre's sales are not available for 2020, 2021, and 2022, but were 10.02M in 2019.
Highest Dividend in 10 Years
HSBC Bank Malta has announced its highest dividend in 10 years, with shareholders set to receive 10c per share.
The bank's pre-tax profit increased by €19 million to reach €78.6 million in the first six months of this year.
This represents a €19.3 million increase over the same period last year, showing a significant growth in income.
The bank's income increased by 33% due to higher interest rates and the recovery of credits.
The dividend will be paid on 17 September to over 9,000 Maltese shareholders who are registered with the bank by 16 August.
This amounts to a gross dividend of €36 million, which is being hailed as the largest cash dividend paid by the bank in a long time.
Latest News:
HSBC Bank Malta has announced a record 2024 results, with the highest dividend in the last decade thanks to a robust business performance.
HSBC Bank Malta's Annual Financial Statements for 2024 were released on February 19, 2024, along with a press release announcing the record results.
The bank's EGM was held on February 13, 2024, and an appointment of a director was announced on February 11, 2024.
HSBC Bank Malta has renewed its commitment to supporting Maltese businesses' global expansion through the TradeMalta agreement, which was announced on February 5, 2024.
Here's a summary of the bank's recent announcements:
HSBC Bank Malta p.l.c. Reports Earnings Results for the Full Year Ended December 31, 2024 on February 19, 2024, while APS Bank plc submitted a non-binding offer to acquire 70.03% stake in HSBC Bank Malta p.l.c. from HSBC Continental Europe, S.A. on November 27, 2024.
HSBC Holdings has considered exiting from Malta, with the first announcement made on September 24, 2024.
Frequently Asked Questions
Is HSBC leaving Malta?
HSBC has decided to leave Malta, as confirmed by senior executives meeting with Prime Minister Robert Abela. The bank's departure is set to have significant implications for the island nation's financial sector.
What is the name of HSBC Bank in Malta?
HSBC Bank in Malta is known as HSBC Bank Malta plc. It's the leading international banking and financial services group in the country.
Which bank is best in Malta for foreigners?
For foreigners, HSBC is a good option due to its international connections, but customer service may be limited. Alternatively, Bank of Valletta offers excellent customer service, but its international connections may be less convenient.
Which countries bank is HSBC?
HSBC is a British bank with a global footprint, serving customers in many countries worldwide. Its headquarters is located in London, England.
Sources
- https://wise.com/us/iban/malta/hsbc-bank-malta
- https://www.marketscreener.com/quote/stock/HSBC-BANK-MALTA-P-L-C-64303145/company/
- https://www.marketscreener.com/quote/stock/HSBC-BANK-MALTA-P-L-C-64303145/
- https://lovinmalta.com/news/aps-officially-declares-interest-in-buying-hsbc-bank-malta/
- https://www.fi.ee/en/banking-and-credit/banking-and-credit/credit-institutions/providers-cross-border-banking-services/hsbc-bank-malta-plc
- https://tvmnews.mt/en/news/hsbc-bank-malta-has-announced-its-highest-dividend-for-the-last-ten-years/
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