Permanent Bank International Ltd (PBI) has been established in the Isle of Man since 1994 as a deposit taking bank and provides a range of international deposit accounts in GBP and EUR. Permanent Bank a wholly owned subsidiary of permanent tsb plc which is incorporated in Ireland and regulated by the Central Bank of Ireland. In December 2017 Permanent Bank International Ltd surrendered its license.
Permanent Bank International Limited participates in the deposit guarantee scheme of the Isle of Man. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons (Isle of Man and foreign), legal entities (Isle of Man and foreign) and covers up to up to 50,000 GBP per bank per depositor. Permanent Bank International Limited is a member of Isle of Man Depositors’ Compensation Scheme and makes its contributions into it.
Permanent Bank International Limited was headquartered in Douglas.
Permanent Bank International Limited was authorized and supervised by the Isle of Man Financial Services Authority (reference number 1160).