HSBC Bank Malta announced that in view of the present COVID-19 situation and the directives issued by the Public Health Authorities, dividend will be paid to shareholders as planned but will postpone its AGM to a future date.

The dividend will be paid on 15th April 2020 to shareholders registered on the Shareholders’ Register on 9th March 2020, as previously declared through Company Announcement HSBC350 issued on the Malta Stock Exchange on 18 February 2020.

John Bonello, Chairman, HSBC Bank Malta said: “Our priority is always to safeguard the wellbeing of our employees, customers and shareholders. As a Board, we are conscious that dividend payments are important to our shareholders and, in particular to, our local shareholders at this time.

“For this reason, we have sought a practical solution to pay the dividend on the date we originally announced and to formally complete the process when the AGM is held.

“These steps form part of a wider series of actions being taken by the bank to support the community at this extraordinary time.’