Swiss crypto bank Seba announces name change to Amina

Swiss crypto bank Seba Bank AG has officially been renamed Amina Bank AG, with SEB Bank and SEBA Bank both agreeing to the name change in 2023. The company stated that the new name Amina comes from the word "amino transfer," meaning the transfer of a compound to another compound, referring to its mission of combining various elements of traditional, digital, and crypto banking. Existing clients of Amina Bank (formerly Seba Bank) will not be affected by the rebranding as all operations will continue as usual. In early November 2023, Seba obtained a license from the Hong Kong Securities and Futures Commission to offer crypto trading services in the region. In 2022, Seba also received a financial services license for the Abu Dhabi Global Market and opened an office in Abu Dhabi.