Conister Bank Limited

Conister Bank has been providing savings, lending and assef finance products to business and personal customers on the Isle of Man since 1935. Conister Bank is are committed to offering a great value to its customers - a combination of fair price, attractive terms and great service.

Business Focus

Savings and Lending Products

Financials

Total Assets (2017)
168.15 mln GBP  (+14.09%)
Net Income (2017)
1.98 mln GBP  (+540.45%)

In 2017 total assets of Conister Bank Limited were 168,15 mln GBP. In 2017 the bank's net income was 1,98 mln GBP.

Conister Bank Limited participates in deposit guarantee scheme of the Isle of Man. This scheme covers accounts up to 50 000 GBP per bank per depositor.

Contacts

Clarendon House, Victoria Street, Douglas, Isle of Man

Conister Bank Limited is headquartered in Douglas.

Bank Identifiers

BIC (SWIFT)
CNNIIMD2
Company Number
000738C

Business Summary

Products
savings
lending
Eligible Clients
local businesses, local personal customers

The range of products offered by Conister Bank Limited includes savings, lending. Conister Bank Limited makes its solutions available to local businesses, local personal customers.

Financial Positions

Total Assets (2017)
168.15 mln GBP  (+14.09%)

In 2017 total assets of Conister Bank Limited were 168.15 mln GBP. Growth compared to the previous period (2016) was 14.09%. The evolution of the total assets of Conister Bank Limited is shown at Chart 1 below.

Total Assets of Conister Bank Limited.

Chart 1. Total Assets of Conister Bank Limited.

Profit and Loss

Net Income (2017)
1.98 mln GBP  (+540.45%)

In 2017 net income of Conister Bank Limited was 1.98 mln GBP. Growth compared to the previous period (2016) was 540.45%. The evolution of the net income of Conister Bank Limited is shown at Chart 2 below.

Net Income of Conister Bank Limited.

Chart 2. Net Income of Conister Bank Limited.

Deposit Guarantee

Deposit Guarantee
Yes (up to 50 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the Isle of Man are obliged to participate in Manx deposit guarantee scheme.

In the case of Conister Bank Limited failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  any credit balance on an account with a bank (for example, current accounts, notice accounts and fixed term accounts)
Covered Currencies  all
Maximum Protected Amount  50 000 GBP
Paid In Currency  GBP

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Conister Bank Limited and its components are shown in the table below.

BIC  CNNIIMD2
Bank BIC Code  CNNI
Country Code  IM (Isle of Man)
Location Code  D2
Branch Code  -

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  000738C