The Isle of Man’s longest established community bank, Conister, has made history by becoming the oldest Island-based bank to secure a deposit taking licence in the UK.
Manx Financial Group PLC, the parent company of Conister, has reported record profits for the year ended 31st December 2022.
Conister playing a significant role in a stunning set of results as MFG profits before tax increased by £2.2 million to £5.2 million, an increase of over 70% on 2021.
Catherine Jack appointed Group Talent Acquisition Lead
MFG have announced the appointment of Catherine Jack to spearhead recruitment across all areas of the business
Conister Bank – the Island Bank that’s taking the UK by storm
Tasked with the responsibility of spearheading this ambitious expansion plan in the UK is Conister’s Chief Operating Officer and Deputy Managing Director, Haseeb Qureshi.
Conister Bank has applied for UK Branch banking licence
Douglas Grant, Managing Director at Conister Bank and MFG’s CEO comments on the Banks UK expansion strategy
MFG takes a majority stake in Payment Assist
Manx Ventures has taken a 50.1% interest in PAL
Manx Financial Group grants staff an extra £1,200 this winter to combat inflation and rising fuel bills
As a responsible financial institution, we have a duty of care to our staff,” said Manx Financial Group’s CEO, Douglas Grant.
Conister Bank welcomes John Spellman as new chairman
John Spellman has succeeded David Gibson, who has retired from the chairman’s role – and as a director of parent company Manx Financial Group – after 13 years.
Manx Financial Group acquires a 50.1% stake in Payment Assist
MFG has been working with Payment Assist since 2015, through its subsidiary Conister Bank which has supplied funding to help the Leicestershire company’s growth.
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