Banking

Some of the most highly respected names in international finance have chosen to place their operations in Guernsey alongside independent, boutique providers.

The sector provides products ranging from retail banking and savings through international wealth management to institutional business and specialist lending. Importantly it services the other financial services sectors (trust, insurance, investment funds) on the Island.

Specialised banking is a developing feature of the sector. UK Building Societies and International Banks have been assisted in setting up operations by having their entities administered by an already established bank. While maintaining a managerial presence these banks make use of the experienced staff, premises and IT systems of a managing bank while maintaining their own individual identity.

The local representative body is the Association of Guernsey Banks (AGB).
Latest In Banking

Barclays Wealth has strengthened its captive team and is reviewing its processes to meet the needs of its growing client base.

Skipton International parent posts strong results

Skipton Building Society, the owner of Skipton International in Guernsey, has announced a rise in Group profit before tax of 48%, compared to the six month period ending 30 June 2009.

Clydesdale appoints rugby legend as new ambassador

Rugby World Cup winner and former England utility back Mike Catt MBE has taken on an ambassadorial role for Clydesdale Bank International,

Skipton International restructures bond range and raises two year rates

Skipton International Limited has restructured its fixed rate bond range, increasing the interest rate on its 2 year product and launching a further offering of the 12 month account.
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