The numbers of British expats looking to invest in a buy-to-let property in the UK is booming despite the government’s changes to mortgage relief, Guernsey-headquartered Skipton International has said.
Guernsey-headquartered Skipton International is launching a new three-year fixed rate offshore savings account, promising to pay an interest rate of 1.6% gross per annum.
Skipton International, a Guernsey-based offshore bank, on Monday announced that it has launched a new two-year savings bond offering, in what it describes as one of the most competitive rates in the market.
Yesterday’s news that Guernsey’s Clydesdale Bank International is to add its name to the growing list of banks that have surrendered their licences on the island since 2008 may have cast a pall over St Peter Port, but executives of at least one Guernsey bank insist that reports of the industry’s demise have been exaggerated.
Skipton International, the Guernsey-based subsidiary of Skipton Building Society, has unveiled the latest edition of its 12-month fixed rate International Reserve Bond, which is paying investors a gross annual equivalent rate (AER) of 2.9%.
Guernsey based Skipton International has launched an account offering investors 4% gross AER.
Skipton International has launched a new one year bond which will pay investors 3% gross over its duration.
Skipton International has launched two new 40 and 80 day notice accounts and withdrawn its Premium 40 and 90 products.
Guernsey based Skipton International has launched a new business bank account which offers a higher interest rate in return for a longer deposit commitment.
Jim Coupe has been named MD of Guernsey-based Skipton International, succeeding Alan Bougourd.
Guernsey residents are waking up to find a new name on their high street today, as Skipton International opens its doors.
Most offshore euro-denominated savings accounts are paying less than 1% interest – below that of the European Central Bank (ECB) – according to research from Investec Channel Islands.
