Butterfield Bank Guernsey announces strong business growth

This is an increase of £2.6m on 2004 figures. Bob Moore, managing director of Butterfield Bank, said: “This success has been achieved against a backdrop of positive economic conditions internationally and supportive investment markets. “Butterfield Bank Guernsey continues to focus on the development of long-term relationships with both institutional and private clients and this was reflected in several ways. Client deposits rose by 17% to a total of £793m which was more than matched by the growth in lending which saw a 28% rise to £125m. "Other highlights were an active year in client-le...