Balance sheet could grow by half a billion pounds
Conister Bank has applied for a licence to gain access to the UK deposit market.
The process is expected to take about a year.
Subject to approval the move will enable Conister to grow its balance sheet by up to an additional half a billion pounds through a mixture of UK deposits and wholesale funding.
Douglas Grant is managing director and chief executive of parent company Manx Financial Group plc:
MGP rider suffered 'neck and chest injuries' following crash in practice
Mauro Poncini fatally injured at Cruickshanks Corner
Inquest opens into death of local MGP rider
Sam Naughton fatally injured in incident at Doran's Bend
53 babies born on Island in August
Two sets of twins born at Noble's Hospital
Help give Buddy the best chance of a comfortable future
ManxSPCA launch fundraiser for dog who needs surgery
