HSBC Malta announced that the two parties have commenced exclusive negotiations concerning the completion of the transaction for the 70.03% stake currently held by HSBC Holdings in HSBC Malta. The remaining shares continue to be traded on the Malta Stock Exchange.
HSBC Malta has assets of approximately €5 billion, holds a market share of around 20%, and posted net profits of €90.45 million in 2024, reflecting an 8.6% increase compared to the previous year.
Announcement to the Stock Exchange
CrediaBank S.A. confirms that it has entered into exclusive discussions with HSBC Holdings plc (“HSBC”) and has been selected as the preferred investor regarding the potential acquisition of a 70.03% ownership stake in HSBC Bank Malta p.l.c. (“HSBC Malta”).
At the time of this announcement, no agreement has been finalized, and there is no certainty that the ongoing discussions will result in a definitive transaction agreement.
Any potential transaction will be subject to conditions, including the receipt of regulatory approvals from the Malta Financial Services Authority (MFSA), the Bank of Greece, and the European Central Bank. This process is expected to take several months before completion.
