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Manx Financial Group PLC agree Funding Agreement with 1st Stop Car Finance

Manx Financial Group PLC, the Isle of Man based diversified financial services group including the wholly-owned licensed banking subsidiary Conister Bank Limited (“Conister Bank”), continues to extend its UK distribution network through regional partnering arrangements. Conister Bank has entered into a funding agreement with 1st Stop Car Finance Limited (“1st Stop”) to provide vehicle loans to consumers. 1st Stop is part of the northwest based financial services 1st Stop Group which offers a range of loan products to the retail market. 1st Stop will introduce and pre-underwrite loans on behalf of Conister Bank, including on-line applications via its website www.1ststop.co.uk. Conister Bank anticipates that the arrangement will generate …

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