News

The latest news and insights from Conister

Industry warns worse is to come as the UK nears double-dip recession

Douglas Grant, Director of Conister, provides comments on the UK GDP that fell 2.6% in November’s second national lockdown.

Conister Bank reports growth for Isle of Man lending

2020 lending totals £36.7m, surpassing 2019 by 16%

Conister Bank has allocated £10 million to provide financial assistance to local businesses affected by COVID-19.

Isle of Man

Conister Bank provides funding to businesses adversely affected by COVID-19.

Conister Bank, the island’s local bank, continues to support Manx residents by setting aside £10m to provide crucial funding allowing businesses to survive and continue to trade despite the adverse effects of COVID-19.

Conister

Conister reports record lending

2020 lending totals £130.5m, surpassing 2019 total by 7%

Conister has lent £9 million through the British Business Bank’s BBLS.

Record number of SMEs set to close in the year ahead

Conister is ready to support financially sound businesses through this pandemic.

MFG - Manx Financial Group PLC

Manx Financial Group PLC announces first dividend in 15 years

The Board of MFG is pleased to announce that it has approved the introduction of a Dividend Scheme.

Douglas Grant

Government-backed loan scheme for SMEs

Douglas Grant, Director of Conister, provides comments on the new Government-backed loan scheme for SMEs.

celebrating 85 years

Conister Bank is at the heart of Isle of Man community

Conister’s parent company, Conister Bank, is celebrating 85 years in business.

SMEs need more breathing space, but fear of accumulated debt remains

Quantitative easing and extended government support are vital for SMEs’ survival, but repaying their debt remains a challenge

UK government green plan

The government’s plan shows that it is serious about a transition to a new economy.