WE ARE ENDURING

Megalithic dolmens have stood on Guernsey since the neolithic era, which ended 11,000 years ago. For the past 50 years it has been Guernsey’s finance industry that has been demonstrating its endurance.

WE ARE NURTURING

Guernsey has one of the most extensive tidal ranges in the world, providing unique environments for a wide variety of marine life.

On dry land, we provide an unique business-friendly environment for a wide variety of businesses.

WE ARE ROBUST

Fort Grey has been standing since the medieval era. Today it is used to store precious marine treasure. Just like our historic fort, our banks have been standing strong for years and will keep your treasures safe.

Banking

Guernsey is home to a mature banking sector with substantial presence; comprised of international private and retail banks.

There are more than 20 licensed banks operating in Guernsey, including those from the UK, Europe, South Africa, North America and elsewhere.

total deposits held by Guernsey banks as of 31 December 2017 was £92 billion.

Full suite of products

Banking is central to Guernsey’s position as a global finance centre, providing a comprehensive service for sophisticated clients.

Banks in Guernsey provide a broad range of banking services including deposit taking and custody services, credit including mortgages, loans, and overdrafts and guarantees, foreign exchange and international payments

Banks in Guernsey serve corporate and institutional clients resident in Guernsey as well as international clients.

Depositor compensation scheme

The Guernsey Banking Deposit Compensation Scheme was introduced in 2008. In the event of the failure of a Guernsey bank, the Scheme guarantees of up to £50,000 per qualifying deposit, wherever the depositor may live.

For more information visit http://www.dcs.gg/.

23 Jan 2020

Guernsey Finance Industry Update

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St Peter Port
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