Press releases, Reports & Disclosures for Dubai Investments PJSC

Dubai Investments, a company listed on the Dubai Financial Market, has increased its stake in Monument Bank Limited from 9.25% to 16.93% by acquiring an additional 7.68% equity. Monument Bank is a UK-based digital bank regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The bank has been successful in its first year of operation, lending nearly £100m and focusing on the mass-affluent segment. The increase in stake by Dubai Investments is seen as a vote of confidence in Monument Bank's unique approach to banking and its growth trajectory. The investment is subject to necessary regulatory approvals.