It was “business as usual” for HSBC Bank Malta, CEO Andrew Beane told the bank’s annual general meeting.

He reiterated that in line with the bank’s latest communication to the market, the HSBC Bank Malta’s board has no information that requires a company announcement to be made and that recent media coverage is speculation on which the bank’s policy is not to comment.

Sonny Portelli (Chairman), Andrew Beane, Christopher Davies, Andrew Muscat, Tracy Garrad (replacing Alison Hewitt) and Yiannos Michaelides were appointed as directors by the majority shareholder.

Since only three persons were nominated for election, John Bonello, Gordon Cordina and Sue Vella were automatically elected as directors by the minority shareholders.

With the exception of Mr Beane, all the directors are non-executive.

The AGM is not open to the press.