HSBC Bank Malta plc delivered a solid performance in the year ended 31 December 2011, against a backdrop in which eurozone debt concerns continued to dominate European market sentiments. The reported profit before tax of €88.3m increased by 6.3%, or €5.2m, over the comparable period in 2010. On a like-for-like basis, excluding non-recurring items, profits were in line with the prior year’s performance.

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