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"Conister Bank really understands local businesses"

John Hellowell - Strand Group

CELEBRATING 83 YEARS

We've been supporting the local community since 1935

"I've been using Conister for over 40 years and they've never let me down"

Roger Watterson - The Copy Shop

Conister Bank News

New Internal Promotion at Conister Bank

aa Conister Bank has appointed a new Sales Manager from within its Isle of Man Lending team, showing its commitment to recognising potential and facilitating career progression.

Lee Gale joined Conister Bank in June 2017, having previously worked for Isle of Man Bank for over seven years. Lee, 27, says, “In my career so far, I have developed strong relationships with personal and business customers around the island; I now hope to build on that, and introduce more people to the Conister products and services which can benefit their lives and businesses”.

In his new role, Lee will be a point of contact for many of the bank’s existing Introducers, and will play a key part in identifying and creating new lending opportunities within the retail business and commercial sectors. He will also implement and provide support for the bank’s new web portals for motor dealers and retail outlets, such as bike shops and furniture stores.

The multiple responsibilities of Sales Manager will play to Lee’s skills and strengths: “I put one hundred and ten per cent into everything I do; I have a very competitive nature and strive to be the best I can. Working at Conister has made me even hungrier to succeed, as they have supported me and given me the chance to progress quickly. I can’t speak highly enough about the company and my teammates. I have always enjoyed and taken pride in helping customers and delivering excellent service, which is what Conister is known and respected for, so I’m right at home here”.

Outside work, Lee, who grew up in Foxdale and now lives there with his partner Emma, is “passionate about family, friends and football”. He plays for both Peel AFC and the Isle of Man National Team with such distinction that he has won a number of awards, including the Isle of Man Football Association’s Player of the Year (twice in three seasons) and the Isle of Man Football Writers’ Player of the Year. In work and on the pitch, Lee’s drive and dedication have paid off.

Andy Bass, Conister Bank’s Isle of Man Head of Sales, comments, “Lee’s promotion to Sales Manager is reward for his hard work and commitment to Conister during a period of growth for the bank on the Isle of Man. It further reflects our clear vision to invest in our staff and support their career development. I believe that Lee’s likeability, professionalism and ability to interact with customers make his appointment an exciting addition to our Isle of Man Sales Team as we continue to strengthen our position as the major player in the local lending market”.

Conister Bank’s parent company Manx Financial Group PLC announces a 43% growth against the same period last year.

dg Conister Bank’s parent company Manx Financial Group PLC announces a 43% growth against the same period last year.

Profits at the locally based financial services group, which includes Conister Bank Limited, Edgewater Associates Limited and Manx FX Limited, have significantly increased in their latest published results.

Manx Financial Group PLC’s Interim Results were published this week and emphasised yet another milestone in the history of the Group.

Jim Mellon, Executive Chairman, commented: “I am pleased to report that the half year continues our progressive growth in profitability and puts us well on the road to the realisation of our strategic objectives. For the first six months of 2018, our profit before tax stands at £1.4 million representing a growth of just over 43% against the same period last year”.

Conister Bank continues to perform with profits of £1.6 million before tax which is an increase of 78% compared to last year. Overall total assets have grown by 16% to £194.8 million.

New Sales Manager for Conister Bank Limited

tc Conister Bank is delighted to announce the appointment of a new Sales Manager, Tom Charmer.

Tom brings to Conister a portfolio of skills and expertise which make him ideal for his new role. As a lifelong Isle of Man resident, Tom has been a part of the local banking and finance industry since finishing high school.

Conister Bank Limited Appoints New Associate Directors

ff Conister Bank Limited is pleased to announce two promotions to senior management from within the organisation. Haseeb Qureshi, (Chief Operating Officer), and Andy Bass, (Head of Isle of Man Sales), have both been promoted to the position of Associate Director with immediate effect.

The appointments are part of a number of internal organisational changes to Conister’s management structure designed to continue to develop growth, which has continued to increase over the last twelve months.

Haseeb and Andy will continue in their respective roles as an integral part of Conister’s operational departments, whilst also helping to deliver strategy, product development, staff progression and provide overall management oversight. These appointments will allow the Board and Conister’s Senior Management to delegate additional functions, providing them with more time to focus on and plan for Conister’s future success.

Approved Partner Scheme

ap12 Conister Bank has built a reputation for outstanding customer service, forging long and lasting relationships with members of the community. And now the bank's newly launched Approved Partner Scheme means customers can easily recognise a business that shares these values too.

The Approved Partner Scheme will make it easy for customers to find a business that can offer flexible payment plans that suit their needs and budget, with lending from Conister Bank. Businesses that sign up to the Approved Partner Scheme can benefit from Conister Bank's expertise to offer bespoke services to customers. They will be able to offer a range of payment options to their customers, including a 0% finance option, with no lending fees.

As Conister Bank continues to expand

hh Conister Bank has promoted Andy Bass to Head of Sales Isle of Man; this is a new position to facilitate growth within the business, and Andy’s role will focus on strategy and new product development as well as forging new relationships in the local community. Ian Drake has been appointed as the new Business Development Manager at Conister Bank. Ian said: "I'm delighted to be joining Andy Bass, to help raise business owners' awareness and understanding of Conister Bank's lending products. This is an exciting opportunity to be part of a growing initiative within the Bank."

Manx Financial Group PLC 2015 Full Year Profit Increases by 34%

Manx Financial Group PLC 2015 Full Year Profit Increases by 34%

Jim Mellon, Executive Chairman and well known investor, commented:

“I am pleased to announce that we have secured a record Profit Before Tax for 2015, increasing by 34% to £2.3 million, providing a Return on Equity of 17.3% which, in relative terms to the UK banking sector, is extremely high."

Conister Bank Celebrates 80th Anniversary

In the winter of 1935, when George V was on the throne and the prototype of the Spitfire was built, a group of Manxman founded Conister Trust, which opened its doors on Athol Street on December 5th. . The first directors were T.R. Radcliffe – the then editor of the IOM Examiner, J. Ashton from Ashton Garage Ltd, which later became Mylchreests Motors, and R.S. Homes, a Castletown baker. Their objective was to provide hire purchase finance to dealers in the Isle of Man whose only previous option had been to look to UK companies for their needs. At their first annual meeting, Mr Radcliffe is reported to have said, “Hire purchase is here to stay and is growing in volume”. How profoundly true his words were.

Manx Financial Group Posts Interim Results

Manx Financial Group PLC, the AIM listed Isle of Man based financial services group, announced its interim results on Monday 17th August.
The Group, which includes local businesses Conister Bank Limited and Edgewater Associates Limited, recorded a profit of £1.01 million for the first six months of the year, another record figure that improves upon the £0.76 million for the same period in 2014. The Group’s total assets stand at £126.17 million (2014: £101.68 million) and shareholder equity stands at £10.89 million (2014: £9.25 million), a growth of 24% and 18% respectively. On an annualised basis, the Group’s return on equity at 16.3% shows a continued improvement (2014 full year: 15.6%).

Welcome to Connie!

Visiting our customers is a key part of the Customer Service team role and June 2015 saw the arrival of the new Conister Bank car.

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Conister Bank Limited, Clarendon House, Victoria Street, Douglas, Isle of Man, IM1 2LN

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