HSBC Bank Malta plc – Results of Comprehensive Assessment

HSBC Bank Malta notes the announcement made today by the European Central Bank (ECB) regarding the final results of its EU-wide comprehensive assessment. The assessment included an asset quality review (AQR) and a stress test.

After adjusting for the impact of the AQR, HSBC Bank Malta's 2013 CRR/CRD IV transitional basis common equity tier 1 (CET1) capital ratio is 9.02%. This exceeds the ECB's threshold of 8%. Under the baseline scenario, the bank's lowest CET1 ratio is 9.26% (10.15% in 2016), exceeding the ECB's threshold of 8%. Under the adverse scenario, the bank's lowest CET1 ratio is 8.91% (8.91% in 2016), exceeding the ECB's threshold of 5.5%.

 

 

To view the official company announcement, click here.