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.