Michiel 2005

Michiel 2005

Posted on 07/14/2013


Photo taken on May 16, 2013


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Ellan Vannin / Isle of Man Ellan Vannin / Isle of Man



Keywords

mann
bank
isle of man
laxey
Mannin
Ellan Vannin
eiland man
British Crown Dependency
isle of man bank


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Isle of Man 2013 – Isle of Man Bank

Isle of Man 2013 – Isle of Man Bank
Banking is very important for the Isle of Man, but the recent crackdown on offshoring and tax evasion makes the future of Isle of Man banking less secure.

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Comments
Canadian Pacific
Canadian Pacific
Hmmm, according to Wikipedia, the Isle of Man Bank is part of the Royal Bank of Scotland Group plc. Usually all RBS units use the RBS logo... guess the Manx people would rather pretend the bank is still independent.

Hmm, that also means that I'm a very very tiny, indirect shareholder of the Isle of Man Bank then. Now what would the local population think about a foreigner owning part of their bank??
5 years ago.
Michiel 2005
Michiel 2005
When a bank goes belly-up, it is always nice to know that there are foreign share holders who's money can be used.
5 years ago.
Canadian Pacific has replied to Michiel 2005
I think what you meant to say is "when a bank goes belly-up, it's nice to know that it's a foreign sucker who lost his money, and not the locals who knew better." ;-)
5 years ago.