Boubyan Bank Group announced the launch of Nomo, a fully licensed and regulated UK Islamic digital bank catering for customers with a global financial outlook. Nomo has launched as a brand name of the UK-based Bank of London and The Middle East (BLME), in which Boubyan Bank is a majority shareholder. Nomo has been developed to accommodate a growing segment of individuals in the Middle East with international banking needs. The new platform provides a digital solution for accessing, moving, and investing money in the UK and internationally with ease and assurance.
| less than a minute read
Boubyan Bank proudly launches the world's first Islamic international digital bank
"In Nomo, we have brought together an impressive team from global digital and neo banks with a depth of experience in creating digitized banking systems. We have made substantial progress in a short period of time, and I look forward to working with the team as we continue to build the bank." said Andrew Ball, CEO of Bank of London and The Middle East.
