Some 920 local shareholders accepted an invitation to meet the board and management of HSBC Bank Malta at its recent Shareholders’ Meeting, a regular annual event.

“We now have some 9200 local shareholders which is a substantial increase on the 2,300 when HSBC acquired Mid-Med Bank” said Shaun Wallis, Chief Executive Office at HSBC Bank Malta. “And over that period the share price has grown 455%.”

“A 10% response rate to an invitation to meet management is excellent and says a lot for the loyalty and engagement of our shareholders.”

The meeting covered current developments and performance of the bank as well as strategies for the future and was addressed by HSBC Malta Chairman, Albert Mizzi, the CEO, Shaun Wallis and Chief Operating Officer, Sally Robson.

David Budd, Chief Operating Officer of the majority shareholder and parent HSBC Bank UK, was also present and commented that the contribution generated by HSBC in Malta has been exceptional – in terms of shareholder value, customer service, development of the Financial Sector and Community Charity.