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.
Skipton has recently expanded its office space in Tudor House, taking on a new floor of the building to accommodate existing team members and growth for the foreseeable future. It now has over 50 Guernsey team members and plans to continue steady growth to better meet the needs of its growing number of customers.
Skipton offer a range of savings accounts to individuals, businesses and trust companies as well as competitive mortgage packages.
For more information about Guernsey's finance industry please visit www.weareguernsey.com.
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