Tag: 3Q
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Bank of Valletta’s results come out weaker than last year’s
Bank of Valletta’s results for the first nine months of this year have have come out weaker than last year as Bank announced a profit before tax of up to €192.1 million, 14% less than the €223.7 million it announced last year. It announced however that it has surpassed €16 billion in assets under its…
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HSBC Malta makes less revenues ands continues divesting
HSBC Malta has posted results showing that it has continued to divest from its operations in Malta, but the bank also says that it has made less revenues due to lower interest rates. HSBC Malta seems to have made an effort to avoid any new major business this year, and continued divesting by pruning bad…
