UK-based Monument Bank secures funding from Sheikha Amal Bahwan

Dubai, UAE – 08 May 2024: Monument Bank, a UK-based neo-bank, is pleased to announce the establishment of a strategic financial relationship with Sheikha Amal Suhail Bahwan, Chairperson of the National Bank of Oman, and one of the most prominent individuals in the financial services sector in the Gulf Cooperation Council (GCC).

Sheikha Bahwan has acquired a significant equity stake in Monument Bank and will contribute to further developing Monument Bank’s operations in the UK, the GCC, and across other international markets. Sheikha Bahwan’s experience will help in guiding the strategy for scaling up the bank’s operations in the UK, and in shaping and advancing some of the strategic opportunities the Bank will consider in the future, including licensing its formidable, cutting-edge technology in various new markets, including Oman and other territories within the region.

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