EXCHANGE - LME approves resignation of Cat 4 member BLME

Ewa Mantheyewa.manthey@fastmarkets.comCorrespondent+44 (0) 20 7337 2146

London 28/06/2016 - The London Metal Exchange (LME) has approved the resignation of a category 4 member Bank of London and The Middle East (BLME), the exchange said on Tuesday.

The resignation is valid with immediate effect.

Category 4 members can issue LME contracts but are not members of the clearing house.

BLME is an independent UK wholesale Sharia’a compliant bank and is the largest Islamic bank in Europe

(Editing by Tom Jennemann)

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