HSBC Bank Malta plc - Definitive Agreement for Majority Shareholding

On 23 December 2025, HSBC Bank Malta plc announced that following the put option agreement between its parent company HSBC Continental Europe (‘HBCE’) and CrediaBank S.A., regarding the potential sale of HBCE’s majority shareholding in the bank, HBCE’s French works council process was completed and HBCE and CrediaBank have now entered into a definitive agreement for the sale and purchase of HBCE’s majority shareholding in the bank.

Furthermore, the bank, HBCE and CrediaBank have also entered into a cooperation agreement to govern their respective obligations in relation to the proposed transaction, which is still subject to the attainment of the necessary corporate and regulatory approvals.

HSBC Bank Malta also noted that it reached an agreement with the Malta Union of Bank Employees to settle its pending industrial disputes. The bank’s financial contribution towards the total agreed settlement is expected to amount to €10 million and will be made through a series of ex gratia payments to qualifying employees.