HSBC Bank Malta nine-month pretax profit falls 15% to €69.8 million
Bitget2026/10/28 03:31- HSBC Malta’s profit before tax fell 15% to €69.8 million in the nine months ended September 30, 2026.
- Notable expenses totaled €9.9 million, mainly comprising accelerated software amortization and staff-related payments connected with an industrial dispute.
- Expected credit loss releases rose 50% to €6.9 million, mainly from recovery of a non-performing corporate loan and improved retail credit quality.
- CrediaBank is set to become the bank’s new majority shareholder, subject to regulatory approval; both banks remain committed to a smooth transition.
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