Bank of London &a; The Middle East

Bank of London and The Middle East (“BLME”) is an independent UK bank based in London with a representative office in Dubai.

Business Model:

Revenue: $56.2M

Employees: 51-200

Rankings

Detailed Bank of London &a; The Middle East Information

Geographic Data

Bank of London &a; The Middle East headquarters map

Address: 78 Cannon Street

City: Greater London

State: england

Zip: EC4N 6HL

Country: GB

Financial Info

Stage:

Raised Last:

$31M

Raised Total:

$31M

Metrics

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0Website Monthly Traffic

Twitter Followers

Description

In August 2006 House of London and The Middle East (“HLME”) was incorporated as a UK company by our initial sponsors, Boubyan Bank. By July 2007 HLME had received a banking license from the UK Financial Services Authority and became Bank of London and The Middle East plc (“BLME”). BLME was launched to bridge the European and Middle Eastern markets with the aim of becoming the market leader in our key business areas. London, as a key centre for global finance, was chosen as our base due to its strong tradition of financial innovation and creativity. London has also provided BLME with access to a highly skilled workforce and has supported the growth and promotion of Islamic finance. By 2008 we had successfully completed our second private placement bringing BLME&s;s total capital base to £250million. As an integral part of our strategy, BLME successfully launched a Private Bank and Asset Management offering in early 2009. BLME Holdings plc was listed on NASDAQ Dubai in October 2013. In addition to our London office, and to support BLME&s;s growth and strategy we have opened offices in Dubai for our investors and Asset Management customers, and Manchester for our regional Corporate Banking clients.

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