HSBC Bank Malta has been named Bank of the Year in Malta for 2011 by the Financial Times monthly publication The Banker.

As a winner of The Banker Awards, HSBC Bank Malta received the prestigious Bracken Award.

Brendan Bracken was the founding editor of The Banker in 1926 and later the chairman of the modern-day Financial Times from 1945 to 1958.

Bracken epitomises the global spirit, vision and integrity of The Banker and FT Group, and the winning of a Bracken is a fitting accolade for the performances of the world's top financial institutions.

HSBC Bank Malta CEO Alan Richards said: "HSBC Bank Malta delivered a strong performance across all businesses in spite of increasingly difficult market conditions. The Banker Award is a great tribute to the HSBC team in Malta and I would like in particular to thank our customers for their continued support."

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