HSBC Bank Malta

From Wikipedia, the free encyclopedia

HSBC Bank Malta plc
Type Public, majority shareholder HSBC Holdings plc
Founded 1882
Headquarters Valletta, Malta
Key people Albert Mizzi, Chairman
Alan Richards, CEO
Industry Finance and Insurance
Products Financial Services
Employees 1,400
Website www.hsbc.com.mt

HSBC Bank Malta plc is the largest bank in Malta and a subsidiary of HSBC. It is the former Mid-Med Bank (see below) and the second-oldest bank in Malta. HSBC's Malta headquarters are at 233 Republic Street, Valletta. It offers a comprehensive range of financial products and services via a network of around 60 branches and offices throughout Malta and Gozo.

HSBC Bank Malta is part of the European region within the HSBC Group and therefore reports to HSBC Bank plc. HSBC Malta has offices in Melbourne and Toronto to serve the very strong and influential Maltese communities in each country, along with an offshore banking operation in Malta itself.

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[edit] History

HSBC Malta dates back to the commencement of operations in Malta by the Anglo-Egyptian Bank (est. 1864), which merged with the National Bank of South Africa and The Colonial Bank (est. 1836) to become Barclays Bank Dominion Colonial Overseas in 1925 after Barclays acquired The Colonial Bank when it acquired the London Provincial and South Western Bank in 1918. In 1954 the bank shortened its name to Barclays Bank D.C.O. and in 1971 became Barclays Bank International.

[edit] Nationalisation

In 1975 the government of Malta nationalized Barclays Bank International's operations in Malta and renamed it Mid-Med Bank, exercising its option to purchase Barclays’ remaining shareholding in Mid-Med in 1979.

In 1991 the Maltese government sold 33% of Mid-Med Bank to the public and in 1993 Mid-Med listed on Malta’s stock exchange. Mid-Med acquired 25% of Lohombus Bank, which specializes in housing finance, in 1995 along with the Investment Finance Bank in Malta. Mid-Med gained a majority of Lohombus Bank in Malta when it acquired another 35% of the firm in 1996, the same year it established a representative office in London.

[edit] Mid-Med joins the HSBC Group

HSBC logo
HSBC logo

In 1999 Midland Bank (a subsidiary of HSBC) Tony Mahoney acquired the government of Malta’s 67.1% direct holding in Mid-Med, as well its 2.7% indirect holdings. (Midland had entered Malta with a branch in 1996). When HSBC brought all its operations under a common name, Mid-Med became HSBC Malta Bank plc. HSBC absorbed Mid-Med’s representative offices in Dubai, Milan, and Luxembourg into the HSBC offices in their respective countries but established a "Malta Desk" in several of these countries. Lohombus Bank became HSBC Malta (Home Loans) Ltd.

[edit] Malta Call Centre

In April 2006 HSBC announced that it would be opening a new call centre in Malta, with an investment of €7 million and the creation of 350 jobs. The centre will deal with calls from HSBC Bank plc's customers in the United Kingdom, and operate as a branch of that company, under the oversight of HSBC Malta management [1].

[edit] HSBC Bank's Branches in Malta and Gozo

  • HSBC Attard Branch: Triq il-Mosta, Attard
  • HSBC Balzan Branch: Pjazza Bertu Fenech, Balzan
  • HSBC Birkirkara Agency: Triq is-Santwarju, Birkirkara
  • HSBC Birkirkara Branch: Triq in-Naxxar, Birkirkara
  • HSBC Birzebbugia Branch: Triq Birżebbuġa, Birżebbuġa
  • HSBC Bugibba Branch: Misraħ il-Bajja, Buġibba, San Pawl il-Baħar
  • HSBC Cospicua Branch: Triq il-Pelegrinaġġ, Bormla
  • HSBC Fgura Branch: Wesgħat il-Kunsill ta' l-Ewropa, Fgura
  • HSBC Floriana Branch: Development House, Floriana
  • HSBC Gudja Agency: Triq il-Kbira, Gudja
  • HSBC Gzira Branch: The Strand, Gżira
  • HSBC Hamrun Branch: Triq il-Kbira San Ġużepp, Ħamrun
  • HSBC Luqa Branch: Triq il-Karmnu, Luqa
  • HSBC Marsascala Branch: Triq Sant' Antnin, Marsaskala
  • HSBC Mellieha Branch: Triq Ġorġ Borg Olivier, Mellieħa
  • HSBC Mosta Branch: Triq il-Kostituzzjoni, Mosta
  • HSBC Msida Branch: Xatt ta' l-Imsida, Msida
  • HSBC Nadur Agency: Pjazza San Pietru u San Pawl, Nadur
  • HSBC Naxxar Branch: Misraħ il-Vitorja, Naxxar
  • HSBC Paola Branch: Pjazza Antoine De Paule, Paola
  • HSBC Qormi Branch: Triq San Sebastjan, Qormi
  • HSBC Rabat Branch: Pjazza Saqqajja, Rabat
  • HSBC San Gwann Branch: Triq in-Naxxar, San Ġwann
  • HSBC Sliema High Street Branch: Triq il-Kbira, Sliema
  • HSBC Sliema Manuel Dimech Street Branch: Triq Manwel Dimech, Sliema
  • HSBC St. Andrews Branch: Triq Sant' Andrija, Swieqi
  • HSBC St. Julians Branch: Triq San Ġorġ, San Ġiljan
  • HSBC St. Paul's Bay Branch: Triq San Pawl, San Pawl il-Baħar
  • HSBC St. Venera Branch: Trejqet Fleur-de-Lys, Santa Venera
  • HSBC Tarxien Branch: Triq il-Kbira, Tarxien
  • HSBC University on Campus Agency: Humanities Building, University of Malta, Msida
  • HSBC Valletta Customs Branch: Xatt Lascaris, Valletta
  • HSBC Valletta International Premier Centre: Triq ir-Repubblika, Valletta
  • HSBC Valletta Merchants Street Branch: Triq il-Merkanti, Valletta
  • HSBC Victoria Gozo Branch: Misraħ ir-Repubblika, Victoria (It-Tokk)
  • HSBC Xaghra Agency: Vjal it-8 ta' Settembru, Xagħra
  • HSBC Zabbar Branch: Triq is-Santwarju, Żabbar
  • HSBC Zebbug Malta Branch: Triq il-Kbira, Żebbuġ, Malta
  • HSBC Zejtun Branch: Vjal il-25 ta' Novembru, Żejtun
  • HSBC Zurrieq Branch: Triq il-Kbira, Żurrieq

[edit] HSBC Bank's Automated Offices in Malta and Gozo

  • HSBC Marsaxlokk Automated Office: Xatt is-Sajjieda, Marsaxlokk
  • HSBC Sliema Plaza Automated Office: Triq Bisazza, Sliema
  • HSBC Valletta Automated Office: Triq ir-Repubblika, Valletta
  • HSBC Xlendi Automated Office: Triq ir-Rabat, Xlendi, Munxar

[edit] HSBC Bank's Offsite ATMs

[edit] Other HSBC Bank's Offices

  • Banking Services Office: Triq il-Mitħna, Qormi
  • Card Products Office: Triq il-Mitħna, Qormi
  • Commercial Banking Office: Triq ir-Repubblika, Valletta
  • Contracts Centre: Triq ir-Repubblika, Valletta
  • Corporate Real Estate Department: Triq il-Mitħna, Qormi
  • Direct Credits and Debits Office: Triq il-Mitħna, Qormi
  • Group Audit Malta Office: Triq il-Mitħna, Qormi
  • Group Credit Office: Spencer Gardens, Blata l-Bajda, Marsa

[edit] Source

Consiglio, John A. 2006. A history of banking in Malta, 1506-2005. Valetta: Progress Press.

[edit] See also

[edit] External links