Tag: Q1
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HSBC Malta’s profits continue to decline after bank winds down operations prior to CrediaBank takeover
HSBC Malta has reported a sharp decline in profitability during the first quarter of 2026 after the bank windied down its operations ahead of its sale to Greece’s CrediaBank. According to the bank’s latest interim directors’ statement, HSBC Malta registered a profit before tax of €21.3 million during the first quarter of 2026, representing a…
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Bank of Valletta posts weaker first-quarter profits despite stronger interest income
Bank of Valletta has started 2026 with weaker profits compared to the same quarter last year, despite continued growth in its balance sheet, lending activity, customer deposits and net interest income. According to the bank’s latest quarterly financial update, BOV reported a profit before tax of €54 million for the first quarter of 2026, down…
