Isle of Man Bank

The earliest Manx bank began business in 1802 at Bridge House, Castletown. Formed by George Quayle, Mark Quayle, John Taubman and James Kelly, it was also known as the Isle of Man Bank.[1] The company carried on trading until 1818.[2]

Founded by Samuel Harris, Henry Noble, William Moore and William Callister,[3] the Isle of Man Banking Co. Ltd. was established at Athol Street, Douglas on 26 October 1865. It was the first limited liability company enrolled on the register following the passage of the Companies Act 1865. The bank was acquired by National Provincial Bank in 1961. It became a subsidiary of National Westminster Bank upon the merger of its parent with Westminster Bank in 1968, and joined The Royal Bank of Scotland Group in 2000, when NatWest was acquired by the smaller Scottish bank.[4]

On 21 May 2019, the High Court of Justice of the Isle of Man granted approval to transfer the business and undertakings of Isle of Man Bank Limited to the Isle of Man branch of The Royal Bank of Scotland International Limited trading as Isle of Man Bank; these changes came into effect on 28 May 2019.[5]

The Head Office (in Douglas) of the Isle of Man Bank.

The bank has six branches on the island: Douglas Athol Street, Douglas Regent Street, Ramsey, Peel, Castletown and Port Erin. There is also a mobile branch named Penny, which visits places on the island that do not have a branch, including Kirk Michael, Laxey, Onchan, Ballaugh, Cooil Business Park (Braddan) and Ballasalla.

Isle of Man Bank is a member of the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010.

• List of banks in the Isle of Man
• NatWest Markets

• Isle of Man Bank
• NatWest International
• The Royal Bank of Scotland International
• The Royal Bank of Scotland Group