Nationwide International
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Industry | Offshore finance |
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Founded | 1990 (1990) |
Defunct | 2017 (2017) |
Headquarters | Douglas, Isle of Man |
Key people | Philip Dunne, Managing Director |
Products | Offshore savings accounts |
Number of employees | 70 (approx.) |
Nationwide International was a branch of Nationwide Building Society, based in Douglas on the Isle of Man and licensed in the Isle of Man by the Isle of Man Financial Services Authority.[1] It provided a range of offshore savings accounts denominated in euro, pound sterling and US dollar.
Nationwide International's assets were in excess of £2.76 billion as at 31 March 2008, increasing to £3.69 billion by 31 March 2009, making it one of the largest deposit takers in the Isle of Man.
Nationwide International confirmed in a statement issued on 22 September 2016 that it would be closing in mid-2017 and on 13 February 2017 confirmed all accounts would be closed by 30 June 2017. [2] Local media sources confirm up to 70 jobs will be lost as a consequence of the closure.[3]
References
External links
- Official website, archived in May 2017
- v
- t
- e
- The Mortgage Works
- UCB Home Loans
- Former:
- Nationwide International
- Nationwide UK (Ireland)
- Co-operative Permanent Building Society
- Anglia Building Society
- Portman Building Society
- Cheshire Building Society
- Derbyshire Building Society
- Dunfermline Building Society