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2023

HSBC showing initial benefits of rate hikes – Edward Rizzo

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HSBC Bank Malta plc kicked off the full-year financial reporting season two weeks ago with the local banking group reporting its highest level of profits since 2016.Although the profits generated last year, totalling €57.3 million pre-tax, were boosted by the sizeable reversal of expected credit losses (impairments) mainly attributable to the recovery on a commercial...














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