The Bank of London calls itself the “world’s first” clearing, agency and transaction bank, helping them launch “fully compliant financial products and services” in-country and across borders. The Bank of London has announced expansion plans in the UK by opening its Centre of Excellence in Belfast, Northern Ireland, planning to create 232 new jobs by 2026. It targets other banks, clearing houses, digital and traditional asset firms, governments, financial services companies, payment networks and non-financial brands.
Belfast is now the UK’s gateway city to the European Union, and this coupled with Belfast’s exceptional fintech talent across multiple disciplines, makes it the logical choice for The Bank of London’s Centre of Excellence to power our UK expansion. Northern Ireland has the highest concentration of fintech employment in the UK, calling Belfast a fintech powerhouse.