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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 strengthens captive team as business increases
Barclays Wealth has strengthened its captive team and is reviewing its processes to meet the needs of its growing client base.
Thursday 26 August 2010
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.
Thursday 05 August 2010
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,
Wednesday 04 August 2010
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.
Monday 02 August 2010
Also In This Section
RBS International customer service excellence
Credit Suisse recognized as Best Global Bank by Euromoney
Kleinwort Benson announce Managing Director appointment
Skipton International launches new business account
Kleinwort Benson announces sale closure
Clydesdale Bank International underlines commitment to Guernsey
Clydesdale Bank International maintains strong growth trend
Skipton International launches new 40 day notice account
Clydesdale Bank maintains significant growth
NatWest Guernsey survey reveals saving remains important
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