Nationwide International

Nationwide International was a branch of Nationwide Building Society, based in Douglas on the Isle of Man and licensed in the Isle of Man by the Isle of Man Financial Services Authority.[1] It provided a range of offshore savings accounts denominated in euro, pound sterling and US dollar.

Nationwide International
IndustryOffshore finance
Founded1990
Defunct2017
HeadquartersDouglas, Isle of Man
Key people
Philip Dunne, Managing Director
ProductsOffshore savings accounts
Number of employees
70 (approx.)
Websitewww.nationwideinternational.com

Nationwide International's assets were in excess of £2.76 billion as at 31 March 2008, increasing to £3.69 billion by 31 March 2009, making it one of the largest deposit takers in the Isle of Man.

Nationwide International confirmed in a statement issued on 22 September 2016 that it would be closing in mid-2017 and on 13 February 2017 confirmed all accounts would be closed by 30 June 2017. [2] Local media sources confirm up to 70 jobs will be lost as a consequence of the closure.[3]

References
  1. "Licenceholders - Register - Isle of Man Financial Services Authority". www.iomfsa.im. Archived from the original on 2017-04-19.
  2. "Latest news - Nationwide International". www.nationwideinternational.com. Archived from the original on 2009-10-03.
  3. "Nationwide Confirms Isle of Man Closure - 70 Jobs at risk".
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