HSBC Bank Malta plc is to set up the HSBC Foundation to better integrate the bank's corporate sustainability programmes, it was announced yesterday.

The foundation consolidates the three existing funds (HSBC Cares for Children, HSBC Cares for the Environment, and HSBC Cares for Malta's Heritage) into one entity.

Chaired by Catherine Gonzi, the foundation's main focus remains underprivileged children, the environment and Malta's heritage.

"We have simplified the structure of the funds supporting our work in the local community with the creation of the HSBC Foundation," HSBC Malta chief executive officer Alan Richards said.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.