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:
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Temporary relocation of Smile Dental Practice
Shuttle bus to transport patients as works underway in Ramsey
Isle of Man inflation holds steady at 2.8 percent in November
Food, hospitality and education costs continue to rise, while falls in energy prices help offset pressures
