HSBC has introduced enhanced security measures at all its branches across Gozo and Malta. The new measures follow the recent robbery of the HSBC Balzan branch, in which nearly one million euros were stolen.

In addition to an armed guard inside each HSBC branch, HSBC has introduced a delayed time lock on each Bank vault. With this system, the vault will take a delayed period of time to open, and therefore any quick entry into the vault, whether for normal banking use or for criminal intent, will not now be possible. The delay lock system cannot be bypassed or altered as neither the branch management nor the staff members have any access to the system. Notices explaining these new measures have already been installed in each Branch, both in the respective Public areas as well as in the actual Vault areas.

HSBC has also introduced other confidential security measures that, in the interest of its staff and customers, cannot be divulged. These measures consist of various courses of action that are only communicated on a need-to-know basis at various levels of authority.

"These measures are aimed to increasing security, making the Banks less vulnerable, deterring criminals and so improving the safety of our staff and customers as well as protecting our money. We are also in discussion with the Authorities to increase general security around all Banks," said HSBC CEO Shaun Wallis.