Sub-Custody and Clearing in Malta

HSBC's Sub-Custody and Clearing business in Malta is built on an existing securities presence within HSBC Bank Malta plc, following the purchase in 1999 of a 70.03 per cent stake in Mid-Med Bank, previously held by the Government of Malta and other publicly-owned companies.

The leading provider of sub-custody and securities clearing services to foreign institutional investors, our operations benefit from a strong local banking presence and long-term relationships with regulators.

As part of HSBC's worldwide Sub-Custody and Clearing network, our operations in Malta benefit from centralised IT support and expertise, regional client service model and training and quality initiatives such as the Business Excellence program. Additionally, the ability to leverage from participating in global initiatives such as the sub-custody Sharing Best Practice forums regarding risk management, operations and client servicing translate to "consistent excellence": higher service levels for our valued clients.

For more information on HSBC's Sub-Custody and Clearing services, please contact our customer relationship management teams.