Offshore Accounts | Finance

Nationwide launches Lifetime Guarantee account issue 10

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of its latest issue of the Lifetime Guarantee account.

Abbey International holds regular saver rates

Following the recent 0.5% cut in the Bank of England Base Rate in February, Abbey International, the specialist offshore banking subsidiary of Abbey in the UK has reduced the interest rates payable on its range of sterling denominated savings accounts.

Bank of Scotland International launches Portfolio Plus

The Bank of Scotland International Portfolio Plus Issue One is a new structured deposit product which provides customers with a potential to receive a better return than they would through current cash deposits, whilst guaranteeing their original capital investment.

Alliance & Leicester International wins Expat Banking Awards

Alliance & Leicester International Limited (ALIL) has been voted joint winner for the best offshore bank for sterling instant access accounts for expats, by Nexus Magazine's ‘Best Banks for Expats Awards 2009'. ALIL was also highly commended for best offshore bank overall.

Santander: Takeover of A&L and B&B

2008 was the year which saw the Santander Group consolidate its presence in the UK savings and mortgage market through the acquisition of the Alliance and Leicester Group, and the branches and deposit business of Bradford and Bingley. Offshore, the group now also includes Alliance and Leicester International and Bradford and Bingley International, both of which are based on the Isle of Man.

Nationwide International announces new savings rates

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of its new savings rates on its Sterling and Euro savings accounts following changes to the UK and Eurozone base rates.

Bank of Scotland International launches Portfolio Plus Issue Two

Bank of Scotland International has launched a new structured deposit product, 'Portfolio Plus Issue Two', providing customers with an opportunity to receive a high rate of return while guaranteeing their original deposit.

Abbey International launches new fixed rate account

Abbey International has launched a new fixed rate account paying a guaranteed 3.00% gross/AER over 12 months. The new account has a minimum balance requirement of £50,000 and is a limited offer account designed for new monies only. It is expected to be highly popular, given the combination of an attractive interest rate and the stability of Abbey International and will be withdrawn once fully subscribed.

Abbey launches deposit account paying 3.25% gross

Abbey International has launched a new fixed rate account currently paying a guaranteed 3.25% gross (3.28% AER) over 6 months, to complement its range of offshore multicurrency deposit and banking accounts.

Nationwide International announces new savings rates

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of new rates on its Sterling savings accounts following the 0.50% decrease to the Bank of England Base Rate.