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Economy and Banking Sector of the Isle of Man

Major Banks of the Isle of Man

#1: Barclays Bank PLC

Barclays Bank has been operating on the Isle of Man for almost 100 years and supports funds, fiduciaries, local business and personal banking clients. Barclays Bank offers a range of retail, premier, business, and overseas banking products and services.

Services
retail banking
corporate banking
wealth management
Clients
local residents
local SMEs
local corporates
offshore corporates
Area Served
IMIsle of Man
internationally

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

#2: 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.

Services
retail banking
corporate banking
Clients
local businesses
local personal customers
Area Served
IMIsle of Man
Products
savings accounts
time deposit accounts
consumer loans
car loans
business loans

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 the deposit guarantee scheme of the Isle of Man. This scheme covers accounts up to 50,000 GBP per bank per depositor.

#3: HSBC Bank Plc

Founded in 1880, HSBC Bank is a global universal bank providing various banking and financial services worldwide. HSBC Bank offers products and services in the following segments: retail banking and wealth management, commercial banking, global banking and markets, and global private banking.

Services
retail banking
corporate banking
wealth management
Clients
local residents
international customers
Area Served
IMIsle of Man
internationally
Products
current accounts
debit cards
credit cards
savings accounts
consumer loans
mortgage loans

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

#4: Isle of Man Bank Limited

Isle of Man Bank provides a range of retail banking products and services to individuals and business clients. In June 2019 Isle of Man Bank Limited voluntary surrenderred its banking license to continue its operations as The Royal Bank of Scotland International Limited.

Services
retail banking
private banking
corporate banking
insurance
Clients
local businesses
local personal customers
Area Served
IMIsle of Man
Products
current accounts
debit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans

In 2017 total assets of Isle of Man Bank Limited were 1 630,49 mln GBP. In 2017 the bank's net income was 8,53 mln GBP.

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

#5: Lloyds Bank International Limited

Lloyds Bank International is incorporated and domiciled in Jersey, and operates branches in Guernsey and the Isle of Man. Lloyds Bank International provides a wide range of financial services products, including current and savings accounts, personal loans, and mortgages within the retail market, loans and deposit products to commercial customers, and private banking and asset management. Lloyds Bank International Limited operates as a branch of Lloyds Bank International (Jersey).

Services
retail banking
private banking
business and corporate banking
Clients
local residents
local businesses
Area Served
IMIsle of Man

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

See Also