Bank of London and Middle East (BLME) is a Sharia'a compliant bank incorporated in the United Kingdom in 2006. BLME provides a wide range of solutions in the areas of wealth management and corporate banking including real estate financing, leasing, trade finance, asset management and premier deposit accounts.
Bank of London and Middle East plc is the 97th largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 1 025,89 mln GBP, providing the bank with the market share of 0.01%. In 2017 the bank's annual profit was 3,47 mln GBP.
Bank of London and Middle East plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.
Bank of London and Middle East plc is headquartered in London.
|Total Assets (2017)|
|1 025.89 mln GBP (-0.30%)|
In 2017 total assets of Bank of London and Middle East plc were 1 025.89 mln GBP. Decline compared to the previous period (2016) was -0.30%. The evolution of the total assets of Bank of London and Middle East plc is shown at Chart 1 below.
Chart 1. Total Assets of Bank of London and Middle East plc.
|Annual Profit (2017)|
|3.47 mln GBP|
In 2017 annual profit of Bank of London and Middle East plc was 3.47 mln GBP. Decline compared to the previous period (2016) was -116.16%. The evolution of the annual profit of Bank of London and Middle East plc is shown at Chart 2 below.
Chart 2. Annual Profit of Bank of London and Middle East plc.
|Yes (up to 85 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.
In the case of Bank of London and Middle East plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, small companies|
|Maximum Protected Amount||85 000 GBP|
|Paid In Currency||GBP|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of Bank of London and Middle East plc is shown in the table below.
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.