Standard Bank Isle of Man Limited

Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial products and services.

Services

Offshore Banking
Fiduciary Services
Asset Management
Offshore Fund Management

Financials

Total Assets (2017)
3 132.98 mln GBP  (+17.68%)
Net Income (2017)
26.06 mln GBP  (+41.19%)

In 2017 total assets of Standard Bank Isle of Man Limited were 3 132,98 mln GBP. In 2017 the bank's net income was 26,06 mln GBP.

Standard Bank Isle of Man 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

Standard Bank House, One Circular Road, IM1 1SB, Douglas, Isle of Man

Standard Bank Isle of Man Limited is headquartered in Douglas.

Bank Identifiers

BIC (SWIFT)
SBICIMDX
Company Number
004713C

Business Summary

Services
offshore banking
fiduciary services
asset management
offshore fund management
Eligible Clients
personal clients, professional clients, corporate clients

Standard Bank Isle of Man Limited provides products and services in the areas of offshore banking, fiduciary services, asset management, offshore fund management. Standard Bank Isle of Man Limited makes its solutions available to personal clients, professional clients, corporate clients.

Financial Positions

Total Assets (2017)
3 132.98 mln GBP  (+17.68%)

In 2017 total assets of Standard Bank Isle of Man Limited were 3 132.98 mln GBP. Growth compared to the previous period (2016) was 17.68%. The evolution of the total assets of Standard Bank Isle of Man Limited is shown at Chart 1 below.

Total Assets of Standard Bank Isle of Man Limited.

Chart 1. Total Assets of Standard Bank Isle of Man Limited.

Profit and Loss

Net Income (2017)
26.06 mln GBP  (+41.19%)

In 2017 net income of Standard Bank Isle of Man Limited was 26.06 mln GBP. Growth compared to the previous period (2016) was 41.19%. The evolution of the net income of Standard Bank Isle of Man Limited is shown at Chart 2 below.

Net Income of Standard Bank Isle of Man Limited.

Chart 2. Net Income of Standard Bank Isle of Man 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 Standard Bank Isle of Man 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 Standard Bank Isle of Man Limited and its components are shown in the table below.

BIC  SBICIMDX
Bank BIC Code  SBIC
Country Code  IM (Isle of Man)
Location Code  DX
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  004713C

European Presence: 3 banks in 2 countries

Standard Bank Isle of Man Limited operates under the brand name Standard Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Isle of Man

Jersey