citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . june 2015 learn how and when to remove this template message hsbc bank malta plc type public industry finance and insurance founded 1882 headquarters valletta malta key people sonny portelli chairman mark watkinson ceo products financial services net income 48.22 mln 2014 1 total assets 5.5 bln 2014 1 number of employees 1 400 parent hsbc website www.hsbc.com.mt hsbc bank in valletta hsbc bank malta plc is the leading international banking and financial services group in malta and a subsidiary of hsbc . it is the former mid med bank see below and the second oldest bank in malta . hsbc s malta headquarters are at 116 archbishop street valletta vlt1444 malta . it offers a comprehensive range of financial products and services via a network of around 40 branches and offices throughout malta and gozo . hsbc bank malta is part of the european region within the hsbc group and therefore reports to hsbc bank plc. contents 1 history 1.1 nationalisation 1.2 mid med joins the hsbc group 1.3 malta call centre 2 see also 3 references 4 sources 5 external links history edit hsbc malta dates back to the commencement of operations in malta by the anglo egyptian bank est. 1864 which merged with the national bank of south africa and the colonial bank est. 1836 to become barclays bank dominion colonial overseas in 1925 after barclays acquired the colonial bank when it acquired the london provincial and south western bank in 1918 . in 1954 the bank shortened its name to barclays bank d.c.o. and in 1971 became barclays bank international . nationalisation edit in 1975 the government of malta nationalized barclays bank international s operations in malta and renamed it mid med bank exercising its option to purchase barclays remaining shareholding in mid med in 1979 . in 1991 the maltese government sold 33 % of mid med bank to the public and in 1993 mid med listed on malta s stock exchange . mid med acquired 25 % of lohombus bank which specializes in housing finance in 1995 along with the investment finance bank in malta . mid med gained a majority of lohombus bank in malta when it acquired another 35 % of the firm in 1996 the same year it established a representative office in london . mid med joins the hsbc group edit midland bank was the first foreign bank to be granted an unlimited banking license in malta where it opened a branch in september 1996 . then in 1999 midland bank acquired the government of malta s 67.1 % direct holding in mid med as well its 2.7 % indirect holdings . part of the agreement was that for the time being the bank would continue to be listed in the maltese stock market and that midland would not make a formal offer for the remainder of the shares but could buy if other shareholders chose to sell . at the time mid med bank had 60 offices and branches 1 800 staff and was the largest commercial bank in malta . when hsbc brought all its operations under a common name mid med became hsbc malta bank plc. hsbc absorbed mid med s representative offices in dubai milan and luxembourg into the hsbc offices in their respective countries but established a malta desk in several of these countries . lohombus bank became hsbc malta home loans ltd. malta call centre edit in april 2006 hsbc announced that it would be opening a new call centre in malta with an investment of 7 million and the creation of 350 jobs . the centre will deal with calls from hsbc bank s customers in the united kingdom and operate as a branch of that company under the oversight of hsbc malta management . see also edit hsbc bank plc direct parent company hsbc holdings plc ultimate parent company references edit a b bank profile hsbc bank malta sources edit consiglio john a. 2006 . a history of banking in malta 1506 2005 . valletta progress press . external links edit hsbc bank malta website hsbc group website v t e hsbc board of directors douglas flint group chairman stuart gulliver group ceo iain mackay group finance director marc moses group chief risk officer phillip ameen kathleen l. casey safra a. catz laura cha lord evans of weardale joachim faber rona fairhead sam laidlaw john lipsky rachel lomax heidi miller sir simon robertson jonathan symonds brands first direct hang seng bank hsbc hsbc expat hsbc premier hsbc private bank hsbc trinkaus m & s money proa sabb principal local banks argentina australia canada people s republic of china egypt france germany hong kong india malaysia middle east mexico panama poland saudi arabia sri lanka taiwan turkey united kingdom united states minority stakes and joint ventures bank of communications 19 % hsbc saudi arabia 60 % sabb 40 % ping an insurance 19.9 % techcombank 15 % bank of shanghai 8 % predecessor companies grupo banistmo bank of british columbia barclays bank canada beneficial continental bank of canada cr dit commercial de france greenwich savings bank guyerzeller household imperial bank of persia lloyds bank canada marine midland bank midland bank republic new york samuel montagu & co. williamsburgh savings bank former susbsidiaries hsbc bank brazil category commons wikiversity retrieved from https en.wikipedia.org w index.php title hsbc bank malta & oldid 736168711 categories banks of maltabanks established in 1882hsbc subsidiaries1882 establishments in maltahidden categories articles needing additional references from june 2015all articles needing additional referencespages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload 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