HSBC Bank Malta plc was registered in Malta under the name Mid-Med Bank Limited. In 1993 ordinary shares of Mid-Med Bank were listed on the Malta Stock Exchange. In 1997 the bank changed its legal form to public limited liability company. In 1999 the bank changed its name again to HSBC Bank Malta plc. HSBC Bank Malta plc provides a comprehensive range of financial services including retail banking and wealth management, commercial banking and global banking and markets.
Becoming a client of HSBC Bank Malta p.l.c. can be done in a few steps:
Due to regulatory requirements HSBC Bank Malta p.l.c. performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual HSBC Bank Malta p.l.c. will ask him/her to provide the following documents: passport; proof of address; income details. For corporate clients HSBC Bank Malta p.l.c. will ask to provide corporate documentation as well as information about controlling persons. HSBC Bank Malta p.l.c. may request additional documentation or information depending on the case. HSBC Bank Malta p.l.c. performs client's identity verification via branch visit.
HSBC Bank Malta p.l.c. is the 2nd largest bank in Malta in terms of total assets. In 2018 its total assets were 5 495,62 mln EUR, providing the bank with the market share of 19.29%. In 2018 the bank's profit before taxes was 38,55 mln EUR. HSBC Bank Malta p.l.c. had 1 378 employees in 2017.
HSBC Bank Malta p.l.c. participates in the deposit guarantee scheme of Malta. This deposit guarantee scheme applies to most types of deposits made by natural persons (Maltese and foreign), legal entities (Maltese and foreign) and covers up to up to 100,000 EUR per bank per depositor. HSBC Bank Malta p.l.c. is a member of Depositor Compensation Scheme (DCS) and makes its contributions into it.
HSBC Bank Malta p.l.c. is a member of HSBC (United Kingdom).
HSBC Bank Malta p.l.c. is headquartered in HAL QORMI.
HSBC Bank Malta p.l.c. has profiles at the following social networks: