Founded on 2 September 2008, Nemea is an online-only banks: it does not operate any physical branches. Nemea Bank provides a full range of services to individual clients, as well as to business clients. On 20 January 2017, the Malta Financial Services Authority (MFSA) announced its decision to propose to the European Central Bank (ECB) the withdrawal of Nemea Bank’s license. This decision was taken following the identification of a number of serious regulatory shortcomings in the Nemea Bank’s operations on 27 April 2016. MSFA also put a hold on withdrawals of deposits from Nemea Bank. On 24 March 2017, the ECB decided to withdraw Nemea Bank’s license.
Nemea Bank plc was the 20th largest bank in Malta in terms of total assets. In 2014 its total assets were 24,00 mln EUR, providing the bank with the market share of 0.10%. In 2014 the bank's profit before taxes was 300 000,00 EUR. Nemea Bank plc had 23 employees in 2014.
Nemea Bank plc participates in deposit guarantee scheme of Malta. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Nemea Bank plc was headquartered in St Julian's.