Conister Bank parent company announces profits

Conister's Bank parent company - Manx Financial Group PLC has announced a £2.7 million profit.

The locally based financial services group, which includes Conister Bank Limited, Edgewater Associates Limited and Manx FX Limited recent published its annual report.

Conister Bank has also exceeded its targets for the year - with new lending increasing by 38.4 per cent.

Douglas Grant, Managing Director of Conister says 'despite the shadow of economic uncertanity, the bank has exceeded expectations for the year'.