MFX Manx Financial Group Plc

TIDMMFX

RNS Number : 6078Z

Manx Financial Group PLC

31 May 2016

   FOR IMMEDIATE RELEASE                                                   Date: 31(st) May 2016 

Manx Financial Group PLC ('Manx Financial' or the 'Group')

Consumer Credit Authorisation - Conister Bank Limited

The Board of Manx Financial is pleased to announce that the Group's wholly-owned banking subsidiary, Conister Bank Limited ("Conister"), has received full permission from the UK's Financial Conduct Authority ("FCA") to offer regulated consumer credit within the United Kingdom with immediate effect.

As a result, Conister will now be able to develop an increased range of lending products to support further growth, especially in the field of asset and personal finance.

Denham Eke, Director comments: "With lending conditions in the UK consumer credit market remaining favourable, the granting of a full FCA Consumer Credit Authorisation is a significant step in furthering Conister's strategy of expansion."

 
 For further information, 
  please contact: 
  Manx Financial Group PLC 
    Denham Eke 
    Tel +44 (0)1624 694694 
   Beaumont Cornish Limited 
    Roland Cornish/James Biddle 
    Tel +44 (0) 20 7628 3396 
   Britton Financial PR 
    Tim Blackstone 
    Tel +44 (0) 7957 140416 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 31, 2016 02:00 ET (06:00 GMT)

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