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Manx Financial Group marks record year

Douglas Grant

An Island-based financial company says last year was a record-breaking one.

Manx Financial Group PLC says in 2023, it saw its pre-tax profits rise by 35 per cent to £7 million.

Its balance sheet rose by just under 27 per cent to £480.7 million over the course of the year.

Chief Executive Douglas Grant says a rise of more than 50 per cent in the group's lending shows its strong position in both the Manx and UK markets.

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