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ARTICLE · 06 OCTOBER 2018

Skipton Reaches £1.5 Billion Milestone

Guernsey-headquartered Skipton International has reached £1.5 billion of assets.

GuernseyWealth Management

Guernsey-headquartered Skipton International has reached £1.5 billion of assets.

Jim Coupe, Managing Director of Skipton, said: "Reporting assets of £1.5 billion is a great indicator to our customers of Skipton's strong position. We are maintaining sustainable growth of our mortgage lending in the Channel Islands and diversifying our proposition into the UK.

"Our vision is to be the most recommended bank in the Channel Islands. Consistent levels of superior customer service alongside competitive products has got us to where we are today."

Skipton International is a bank owned by a building society, however, if it was classed as one it would rank as the 13th largest building society in the UK. This milestone comes a year before the award-winning bank is due to celebrate the 10th anniversary of the amalgamation of Skipton Guernsey and Scarborough Channel Islands.

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