If CrediaBank completes its acquisition of HSBC Malta, the change could bring a series of direct benefits for clients in Malta, says the Greek bank.

CrediaBank has rapidly restructured and modernised its operations in recent years, and has indicated that it will bring new products, stronger digital services, and a more localised approach to decision-making.

A spokesperson for the bank said one of the most immediate advantages for customers would be that key decisions are taken closer to the Maltese market.

CrediaBank has emphasised its commitment to tailoring services to local needs, rather than relying on global structures.

This shift is expected to improve responsiveness, customer care, and product development in Malta.

Both Greece and Malta share characteristics as small, open Mediterranean economies that rely heavily on services, tourism, and maritime activity, giving CrediaBank useful experience to draw upon in addressing Malta’s financial needs.

The acquisition would also strengthen competition in Malta’s banking sector, which has become increasingly concentrated. A new entrant with European credentials is expected to boost resilience while providing households and businesses with more choice.

CrediaBank has stated its intention to play a central role in supporting Malta’s growth, working closely with local investors, businesses, and families.

It is also in the midst of an exciting digital transformation plan in Greece, investing in automation, customer-focused services, and product diversification.

The bank intends to deploy this plan in Malta, with an emphasis on both retail customers and SMEs, leading to better online services, smoother transactions, and more competitive financing solutions for businesses.

The bank’s recent expansion of its product line in Greece also gives a sense of what customers in Malta may expect.

These include the ‘New Start’ programmes and ‘My Home II’ mortgage package, offering integrated solutions for homebuyers; a wider range of deposit, insurance, and mutual fund products; and, for SMEs, the POS working capital loan, which provides immediate financing, improved transaction fees, online monitoring, and fraud protection.

Through partnerships with TRITON, Alpha Trust, and 3K, CrediaBank has also launched mutual funds that invest in high-quality Greek and international bonds, amassing more than €750 million in assets under management in 2025.

The bank has pledged to create value for small shareholders and reinforce long-term trust. At the same time, it has expanded its investment banking presence, participating in bond issuances for clients – expertise that could benefit corporate customers in Malta.

By bringing these products, digital upgrades, and a more customer-focused strategy, CrediaBank can help reinforce Malta’s position as a modern financial centre within the EU.

Its stated ambition is not just to replace HSBC Malta, but to embed itself more closely in the country’s economic fabric. If its bid succeeds, customers in Malta could see a shift from the traditional model of a global bank operating a small island subsidiary to that of a European regional bank more deeply committed to the local economy.