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