Isle of Man Bank
 | |
| Private limited company | |
| Industry | Financial Services |
| Founded | 1865 |
| Headquarters | Douglas, Isle of Man |
Key people |
Bill Shimmins (CEO)[1] Adrian Gill (Chairman) |
| Products | Banking, insurance, mortgages |
| Revenue | £ 45 Million (2013) [2] |
| £ 17.6 Million (2013) | |
| Total assets | £ 1.5 Billion (2013) |
| Total equity | £ 120 Million (2013) |
| Owner | RBS Group plc |
| Website | www.iombank.com |
Isle of Man Bank Limited is the national bank of the Isle of Man. It was established in Douglas on 26 October 1865, the first limited company to be formed after a new law, the Companies Act 1865, which paved the way for their establishment on the island. It was acquired by the National Provincial Bank in 1961, becoming part of the National Westminster Bank upon the merger of its parent with Westminster Bank in 1968 and joined The Royal Bank of Scotland Group in 2000 when the National Westminster was purchased by the Scottish bank.[3]
The bank has six branches on the island. Douglas Athol Street, Douglas Regent Street, Ramsey, Peel, Castletown and Port Erin. Furthermore there is a mobile branch named Penny which visits parts of the island that do not have a branch such as Kirk Michael, Laxey and Onchan.
See also
References
- ↑ Isle of Man Bank - Welcomes experienced lawyer to board of directors
- ↑ Isle of Man Bank Limited 2013 Annual Report
- ↑ "A short history of Isle of Man Bank" (PDF). rbs.com. The Royal Bank of Scotland Group. 2005. Archived from the original (PDF) on 2007-10-30.
External links
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