HSBC Bank Malta plc - Cost Reduction Programme Clarification

Monday, December 21st, 2015

On 21 December, HSBC Bank Malta plc explained that following the announcement dated 26 November 2015 (in connection with its cost reduction programme) and reports in the local media on the matter (in which it was stated that the Bank received about 200 early retirement applications), the Bank is still reviewing the applications received for Voluntary Early Retirement and no decisions have been taken as yet. The Bank will be making an announcement on the matter with all the relevant facts in due course according to its market listing obligations.

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