lombard bank

Lombard Bank is Malta's third-largest bank.

1969 Lombard North Central plc, U.K. establishes Lombard Bank Malta plc. In the UK, National Westmister Bank (NatWest) acquires Lombard North Central.
1975 The Maltese government purchases 25% of Lombard Bank Malta.
1981 The Maltese government purchases 35% of Lombard Bank Malta
1988 NatWest, unable to find a buyer, sells its remaining shares to the government.
1990 Lombard Bank Malta issues new shares and the government sells some of its shares.
1994 Lombard Bank Malta lists on the Malta stock exchange. The government sells 21% of the shares (Lombard North Centrals remaining stake) to Malaysian entrepreneur Robert Tan Hua Choon.
1998 CCF Holdings (Suisse) acquires Tans 21%.
2000 HSBC acquires Credit Commercial de France (CCF) and with it the stake in Lombard Malta.
2002 HSBC sells its shares in Lombard Malta to Swiss-based Banca Unione di Credito, which now owns 26%. Banca Unione di Credito, a member of the FIAT Group, was founded in 1919 with its main headquarters in Lugano, Switzerland and focuses its operations primarily on commercial banking and asset management.

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