BoI customers switched stg£200m to Isle of Man branch

Almost stg£200 million (€291 million) held by deposit-holders in the Republic of Ireland switched into Bank of Ireland Isle of Man (IoM) since the bank downgraded its Guernsey subsidiary, according to banking sources on the Isle of Man, Jersey and Gu

16th July, 2005

Almost stg£200 million (€291 million) held by deposit-holders in the Republic of Ireland switched into Bank of Ireland Isle of Man (IoM) since the bank downgraded its Guernsey subsidiary, according to banking sources on the Isle of Man, Jersey and Guernsey.

The Sunday Business Post has learned that for the first time in four years that the underlying amount held by Irish deposit holders in the Isle of Man has not fallen despite the...

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