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Finance for Guernsey to push ahead with plans for a retail bank

FINANCE for Guernsey has welcomed clarification from the States of Guernsey that it has no intention to progress plans to establish a retail bank.

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My main project currently is Finance for Guernsey, a business that is looking at the viability of opening a new bank in the island, providing Guernsey’s first domestic bank for over 40 years and filling the gaps in the availability of banking products and services that currently exist.

There is a need but the pathway won’t be an easy one

Highly regarded financial commentator Horace Camp gave his thoughts on the Finance for Guernsey investigations in his recent Guernsey Press column. With thanks to Horace and the Press.

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