HSBC Bank Malta plc – Cost Reduction Programme Clarification

December 21, 2015
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

HSBC Bank Malta p.l.c. issued the following Company Announcement pursuant to Malta Financial Services Authority Listing Rules: 

COST REDUCTION PROGRAMME CLARIFICATION 

With reference to the cost reduction programme announced in company announcement HSBC278 on 26th November 2015, as well as today's media report on the matter, HSBC Bank Malta p.l.c. states that applications received for Voluntary Early Retirement are in the process of being reviewed and no decisions have been taken. The Bank will make an announcement on the matter with all the relevant facts in due course according to its market listing obligations.

 

To view the official Company Announcement, click here.