The Malta Financial Services Authority has decided to ask the European Central Bank to withdraw the banking licence granted to Nemea Bank, an online-only bank which was placed under controllership ...

Nemea Bank has been refused a request to stay proceedings in a complaint they filed in the Financial Services Tribunal, against the Malta Financial Services Authority. The online-only bank went under ...

Nemea plc (“Nemea”), the principal shareholder of Nemea Bank plc (the “Bank”), refutes a contention made by the Malta Financial Services Authority that is is affected by “regulatory shortcomings”. In ...

Around 130 Nemea Bank depositors remain in limbo as the financial regulator is still mulling the shuttered bank’s liquidation process. Nemea had its licence withdrawn in 2017, a year after PwC was ...

Nemea Bank has filed a lawsuit against its majority shareholder Nemea plc for defaulting on a €1.5 million loan taken out in February 2016. The loan was taken out two months before the Malta Financial ...