Bank of London and Middle East plc

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.

Financials

Total Assets (2017)
1 025.89 mln GBP  (-0.30%)
Annual Profit (2017)
3.47 mln GBP

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.

Contacts

Sherborne House, 119 Cannon Street, EC4N 5AT, London, United Kingdom
44 02076180000
44 02076180001

Bank of London and Middle East plc is headquartered in London.

Bank Identifiers

MFI ID
GB0432
Company Number
05897786
Start Date
August 2006

Financial Positions

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.

Total Assets of Bank of London and Middle East plc.

Chart 1. Total Assets of Bank of London and Middle East plc.

Profit and Loss

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.

Annual Profit of Bank of London and Middle East plc.

Chart 2. Annual Profit of Bank of London and Middle East plc.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
97th (market share 0.01%)

In 2017 Bank of London and Middle East plc was ranked the 97th largest bank in the United Kingdom in terms of total assets, having 0.01% of the domestic market share.

Market share of Bank of London and Middle East plc (among banks in the United Kingdom)

Chart 3. Market share of Bank of London and Middle East plc (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to Bank of London and Middle East plc are shown below.

RankNameTotal AssetsMarket Share
96 CAF Bank Ltd1039.79 mln GBP0.01%
97 Bank of London and Middle East plc1025.89 mln GBP0.01%
98 United Trust Bank Limited1013.90 mln GBP0.01%
 

Deposit Guarantee

Deposit Guarantee
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
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

MFI ID

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.

MFI ID  GB0432

Company Registration Number

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.

Company Number  05897786

Banking Products in the United Kingdom