The Malta Independent 5 March 2024, Tuesday
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HSBC Malta wins The Banker’s Bank of the Year Award for 2023

Friday, 1 December 2023, 10:47 Last update: about 4 months ago
From left: Jesmond Apap, Head of Global Markets; Michel Cordina, Executive Director and Head of Business Development; Joyce Grech, Head of Commercial Banking; John Bonello, Chairman; Charlotte Cilia, Chief Financial Officer; Geoffrey Fichte, Chief Executive Officer
From left: Jesmond Apap, Head of Global Markets; Michel Cordina, Executive Director and Head of Business Development; Joyce Grech, Head of Commercial Banking; John Bonello, Chairman; Charlotte Cilia, Chief Financial Officer; Geoffrey Fichte, Chief Executive Officer

HSBC Malta has been honored with the prestigious Bank of the Year Award for 2023 by The Banker, an international financial affairs publication published by The Financial Times. The award recognises HSBC Malta's remarkable achievements and advancements in positioning its business to thrive in an evolving banking landscape.

Since 2000, The Banker's Bank of the Year Award has been the benchmark for excellence in the global banking industry, encompassing over 120 countries worldwide. These esteemed awards are adjudicated by a distinguished panel of editors, featuring regional and sector specialists, ensuring a comprehensive and fair evaluation process. The judging criteria focus on the improvements made by banks over the past 12 months, fostering an environment where both small and large banks compete on an equitable platform.

HSBC Malta's noteworthy success is attributed to its significant progress in various areas, including earnings, capital growth, return on equity, and the adoption of innovative technologies. The recognition as Malta's leading financial institution underscores the bank's commitment to setting new standards and embracing technological advancements in the financial industry.

The awards ceremony took place on November 30, 2023, at the Sheraton Grand London Park Lane, marking a momentous occasion for HSBC Malta.

CEO Geoffrey Fichte, who accepted the award on behalf of HSBC, said, "This award is testament to the unwavering efforts of the dedicated team at HSBC Malta. In today's dynamic landscape, achieving success demands elevated standards across every aspect of the business. This award underscores our industry leadership in Malta. I would like to thank our esteemed customers and shareholders for their steadfast support and consistent trust in HSBC Malta for their banking and investment needs."

A detailed overview of HSBC Malta's win will be highlighted in the December issue of The Banker, providing readers with peer-reviewed insights into the bank's outstanding contributions and accomplishments over the past year.


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