Credia Bank, formerly Attica Bank, is in talks to acquire a 70.03% stake in HSBC Malta.
“The bank has been chosen as the preferred investor,” Credia said in an announcement to the Athens Stock Exchange, but, so far, “no agreement has been reached,” it added.
If an agreement is reached, it must be approved by the central banks of Greece and Malta and the European Central Bank, a process that could take several months.