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  • HSBC Bank Malta plc half-yearly results for 2012
  • July 28, 2012
  • HSBC Bank Malta p.l.c. delivered a positive performance in the six months ended 30 June 2012. Reported profit before tax of €53m increased by 6%, or €3m over the comparable period in 2011.

    All the three main business lines, Retail Banking and Wealth Management, Commercial Banking and Global Banking and Markets, contributed positively to the bank's overall performance.

    Net interest income increased by 5% to €68m compared with €64m in the first half of 2011. The increase reflected growth in mortgage lending and improved positioning of the balance sheet management available-for-sale portfolio.

    Net fee and commission income of €16m for the six months ended 30 June 2012 compared ...
  • View more at: http://www.1888pressrelease.com/hsbc-bank-malta-plc-half-yearly-results-for-2012-pr-413216.html