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Conister Bank grows by 27% as Manx Financial Group posts a record profit of £1.73 million

Conister Bank grows by 27% as Manx Financial Group posts a record profit of £1.73 million

Manx Financial Group PLC, the AIM listed Isle of Man based financial services group, including Conister Bank Limited and Edgewater Associates Limited, has recently reported its annual results for the year ended 31 December 2014.

Local Bank Backs Island’s Youth Self-Development Scheme

Acclaimed Youth Scholarship Programme receives bank’s key support

Conister Bank continues its support for community initiatives by sponsoring the Youth Scholarship – Development and Leadership Programme. The programme, which is run by Adventurous Experiences, enables Year 12 students across the Isle of Man to take part in a once in a lifetime experience of teamwork and self-discovery.

Are, We the People, getting enough Democracy?

By Juan Kelly, Managing Director, Conister Bank

The word ‘democracy’literally means people power, originating in its most direct form around 5BC. However, over time, direct democracy has become diluted to indirect democracy, commonplace today, where the people vote for representatives who go about the business of politics on behalf of the plebiscite. The argument for indirect democracy is often a pragmatic one. The administration of direct democracy is deemed to be cumbersome, particularly in larger populations where governments (which literally means mind control) have evolved into more complex institutions.

Not All Growth Is Good Growth

The Island has enjoyed decades of uninterrupted growth, and, in recent times, we have worked wonders at keeping one step ahead of most comparable jurisdictions in areas such as e-Gaming and Space Commerce. Credit is due to both the public and private sector for making this happen. We have done many things well, for example, our strategy of economic diversification. We must build on this success story. The key question is ‘how?’

Manx Radio, Dream Catcher Award for Managing Director Juan Kelly

Thank you to Manx Radio Dream Catcher for awarding our very own Managing Director Juan Kelly a Heroes in the Community Award.

More banking, fewer banks, in our tech-led world

Back in the nineties, Bill Gates coined the expression ‘people don’t need banks, they just need banking’. A great example of forward thinking, but he was only half right.The major banks, who still control huge market share, now face unprecedented threats.Let’s be frank. Banks are deeply unpopular. Arguably, they have abused their position. The global financial crisis is leading to a seismic shift in the way they operate and conduct themselves. Look no further than the huge regulatory changes which are happening in the UK.

Football Sponsorship Announced

Conister Bank is pleased to announce they have agreed to become the main sponsor of Douglas High School Old Boys FC.

Conister’s Business Development Manager Andy Bass met with the squad at their Blackberry Lane ground on Saturday to present them with their new home and away strips.

Bogus Website – http://conistergroup.com

This notice has been issued by the Isle of Man Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 30 of the Financial Services Act 2008.

Conister Backs Good News in Laxey

Laxey Views, the free community newsletter run by volunteers, has received a helping hand in the form of ground-level support from Conister Bank.

Now in its seventh issue, Laxey Views was created by village residents Jackie Barker, Joanne Clague and Kerry Sharpe. Its lively blend of news, views and images is anchored firmly in village life, providing a great read for people of all ages who value a traditional, friendly approach to keeping in touch with what’s happening in their area. Five-hundred issues of Laxey Views are published each month and distributed through village outlets, as well as being available online.

Let a bank buy you breakfast!

An island bank has come up with a sizzling idea to help a cafe whose trade has been hit hard by roadworks.

Cafe Latte owner George Taylor claims takings have fallen 60 per cent since work on the Douglas promenades improvement scheme began.

But now Conister Bank has come to his aid - and has offered to buy breakfast for the first 100 customers through the doors of the Walpole Avenue cafe as from today (Monday September 1).

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Where to find us

Come and talk to our team in branch at:
Conister Bank Limited, Clarendon House, Victoria Street, Douglas, Isle of Man, IM1 2LN

We are open Mon to Thurs 9am - 5:30pm, Fri 9am - 5pm