Conister Bank loan book reaches £410m in strong first half

Conister Bank grew its net loan book to £410.3 million during the first half of 2026, contributing to a positive six months for parent company Manx Financial Group (MFG).

The Isle of Man-based bank also reported customer deposits of £440.8 million at the end of June, providing a stable funding base for continued lending across the Isle of Man and UK.

The figures, published as part of MFG’s interim results for the six months to 30 June 2026, reflected continued demand across several of Conister’s core lending activities, including unsecured personal lending, block discounting and specialist finance.

Conister said it maintained a prudent approach to underwriting and risk management during the period despite continued economic pressures facing consumers and businesses. Arrears and impairment trends remained within the Board’s expectations.

The bank’s £440.8 million deposit base also enabled it to maintain a substantial liquidity surplus and strong capital position while continuing to provide finance to individuals and businesses.

“At Conister, our focus is always on helping customers access the finance they need while maintaining the prudent approach to lending that has underpinned the Bank for many years.

“The growth we have achieved during the first half of 2026 reflects the trust our customers place in us, the dedication of our colleagues and the continued demand for flexible finance solutions across both the Isle of Man and the UK.

“Reaching a net loan book of £410.3 million is an important milestone, but what matters most is the positive impact we can have by supporting individuals, entrepreneurs and businesses as they pursue their goals.”

Manx Financial Group loan book reaches record £422.9m

Conister’s performance contributed to MFG reporting operating income of £19.7 million for the first half of the year.

The Group’s total loan book reached a record £422.9 million, while total equity stood at £45.5 million.

Grant added: “Our strong deposit base enables us to continue lending with confidence while maintaining significant liquidity and a robust capital position.

“We remain focused on sustainable growth, maintaining credit quality and delivering excellent outcomes for our customers.”

Looking ahead, Conister said it will continue to develop its personal and business finance offering while exploring further opportunities in specialist finance.

The bank said its focus remains on combining sustainable lending growth with disciplined risk management across both the Isle of Man and UK markets.