Tag Archives: Guernsey

The Netherlands is world’s biggest conduit to offshore tax havens

27 Jul
Offshore Tax Havens

‘Only five big countries act as conduit-OFCs,’ the researchers from Corpnet said in a new report. ‘Together these five conduits channel 47% of corporate offshore investment from tax havens, according to the data we analysed.’ The two biggest conduits by far are the Netherlands (23%) and the United Kingdom (14%), followed by Switzerland (6%), Singapore […]

Skipton International is investing for the future

18 Oct
Corbiere Lighthouse, Channel Islands, Skipton International

Skipton International is to implement a new banking service and replace its core banking system for offshore savings customers. Skipton International will be making a significant investment in the new system and portal, provided by Temenos, a global leader in banking software, and implemented by their partner, Syncordis, a Luxembourg IT Consultancy. Jim Coupe, Managing […]

Skipton International an Offshore Bank for Expats

26 Jan
Alderney, Guernsey, Channel Islands - Skipton International

Skipton International reached £1.075 billion of deposits at the end of 2015 – a level that would be equivalent to the 12th largest building society in the UK. With savings customers in over 100 countries around the world, the Channel Island-registered bank has grown its deposits steadily since 2009 when it formed through the amalgamation […]

Demand for Skipton International’s Expat mortgages increases

07 Sep
Mont Orgueil Castle in Jersey, Channel Islands - Expat

In a little over one year demand for the bank’s British expat buy-to-let offering has eclipsed that for its established mortgage lending in Jersey and Guernsey. Managing Director of Skipton International, Jim Coupe said: ‘We have been servicing expats with their savings needs for years and knew there would be a demand for buy-to-let mortgages […]

RBC Wealth Management named Best Private Bank in the Channel Islands

31 Jul
Three great reasons to open a foreign bank account

RBC Wealth Management has continued its recent award success by being named the Best Private Bank in the Channel Islands at the 2012 World Finance Banking Awards. World Finance’s judging panel used a wide range of criteria to decide the recipients of the 2012 awards. These included assessing each firm’s performance, the variety and clarity […]

Guernsey business community to benefit from global expert

17 Jan
Thumbnail image for channel_islands.gif

One of the world’s leading experts in financial services regulation and financial crime in offshore centres will give a talk to business leaders next month. Stephen Platt, a professor in law at Washington DC’s Georgetown University, who is based in Jersey, will talk to senior members of the trust and fiduciary industry including managing directors […]

Cayman 8 points ahead of Guernsey in Banker magazine’s International Financial Centre survey

06 Dec
The Banker Magazine

A survey by The Banker magazine shows that the Cayman Islands can hold their own against international standards relating to service or regulation. For the third time in a row, The Banker magazine’s 2011 International Financial Centre (IFC) survey has awarded the top spot to the Cayman Islands in the Specialized Financial Centre category, besting […]

Guernsey Funds Industry Continues Expansion

08 Jun

Statistics published on May 26 show that the value of investment fund business in Guernsey grew by GBP6.2bn (2.4%) during the first quarter of 2011. The increase represents the seventh consecutive quarter of growth and takes the net asset value (NAV) of funds under management and administration in the island to a new record high […]