Skipton International hits £2 billion milestone

Tuesday 26 January 2021

Skipton International has announced assets of over £2 billion for the end of 2020.

The Bordage-based bank has a global customer base in over 100 countries and a growing Channel Island and UK Buy-To-Let mortgage book

Managing Director Jim Coupe said the bank is continually assessing its products and services.

“The last twelve months were challenging for everyone, but it was an important one for us in terms of measuring our ability to adapt and respond to what has become a fast-changing world," he said. 

“Marketplace changes meant new savings customers for Skipton, particularly with the falling rates at National Savings & Investment. Our UK Buy-To-Let mortgages also increased sharply when Chancellor Rishi Sunak announced the Stamp Duty and Land Tax holiday in England. Guernsey also rebounded strongly from lockdown in June with property sales exceeding the previous year. These are some of many contributing factors to our success.”

“As we pass this milestone, I would like to pay tribute to all Skipton employees, who rose to the challenges thrown at them last year and ensured our customers still received the service they expect in our constantly changing world.”

Pictured top: Skipton International Managing Director Jim Coupe.