Malta’s economy ‘well-positioned for future success’ – HSBC Malta CEO

HSBC Malta Chief Executive Officer (CEO) Geoffrey Fichte has said the bank is “positive on the Maltese economy despite global uncertainty,” while highlighting the bank’s strong financial performance.

Regarding HSBC’s ongoing efforts to divest of the Maltese operation, Mr Fichte noted that the bank’s main shareholder continues to conduct a strategic review of its holding. “We are committed to informing the market of any developments aligned to capital market listing rules.”

In the bank’s half yearly results, HSBC Malta reported a robust set of financial results, posting a profit before tax of €58.7 million, in a performance that Mr Fichte described as a reflection of the bank’s operational strength despite a lower interest rate environment.

He thanked both HSBC Malta’s customers and employees, emphasising their critical role in enabling the bank’s sustained performance.

Looking ahead, Mr Fichte reaffirmed the bank’s commitment to investment across core areas of its business.

“We continue to invest in technology, people and customer service while promoting our services through ongoing marketing efforts. We remain committed to helping our customers achieve their aspirations and have recently launched competitive new mortgage campaigns designed to support our customers, both current and future,” he said.

On the commercial front, HSBC Malta has renewed strategic agreements with key institutions including the Malta Development Bank, Trade Malta and the Chamber of Commerce.

Mr Fichte has also announced a gross interim dividend of 10 cents per share, highlighting the bank’s strong first-half performance.

He went on to highlight the bank’s achievement on a return on equity of 12.7 per cent for the six months ended 30th June 2025. The bank’s Liquidity Coverage Ratio stood at 537 per cent, while its Tier 1 Capital Ratio reached 22.5 per cent, “well above regulatory requirements.”

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