In a major step in the Greek lender’s international expansion, Greece’s CrediaBank has signed a conditional agreement to acquire a majority stake in HSBC Bank Malta for €200 million.
The deal is expected to close in the second half of 2026, pending regulatory approvals from Maltese and European authorities, after which CrediaBank will own 70.03% of the Maltese bank’s shares from HSBC Continental Europe.
CEO of CrediaBank Eleni Vrettou shared her enthusiasm about integrating HSBC Malta into the bank’s family and highlighted the opportunities presented by Malta’s strong economic prospects.
Currently Greece’s fifth-largest bank, CrediaBank serves approximately 300,000 customers.
The acquisition marks its first major expansion outside of Greece and will strengthen its regional presence. Minority shareholders of HSBC Malta will be offered the option to sell their shares at a fixed price of €1.44 per share.
