UK Building Society Re-Launches Offshore Unit

by Amanda Banks, Tax-News.com, London

27 January 2006

Derbyshire (Isle of Man) Limited has relaunched itself for 2006 by unveiling a new look and a new trading name, Derbyshire Offshore.

Fiona Passey, Director of Offshore Banking, Derbyshire Offshore comments on the new look and name saying “2006 promises to be an exciting year and starts with a new brand name and fresh new look for our business. To reflect the increasingly international profile of our customers, we’ve rebranded as ‘Derbyshire Offshore’. The Isle of Man will remain our home base as we value the excellent standards of regulation and consumer protection it offers our customers. However, our long-term aspirations may see us establish additional offices in other offshore financial centres where we can best serve our customers.”

Derbyshire Offshore remains wholly owned by Derbyshire Building Society. Fiona Passey continues, “Our new brand image combines the best of our established heritage with our desire to offer our clients straightforward savings accounts supported by people and systems that they can rely upon, wherever they are in the world. Our commitment to customer service and our desire to offer our customers award winning products such as Base Rate Tracker remains the same. As part of our ongoing communication with customers, we have sent out a special issue of our customer newsletter, Connect, telling them about the changes. We will, of course, keep them continually updated with new products and services as they come on line.”

Derbyshire Offshore has a new postal address with the move to new offices, but all other contact details and numbers remain unchanged. A new, larger customer service team is in place to answer any customer enquiries on +44 (0) 1624 663 432. Or they can visit www.derbyshire.co.im or email info@derbyshire.co.im for further information.

Derbyshire Offshore is the trading name of The Derbyshire (Isle of Man) - a wholly owned subsidiary of Derbyshire Building Society, which was established in 1859 and is one of the top ten societies in the UK with assets over £4 billion. Their products are primarily designed for non-UK residents who wish to benefit from interest on their offshore investment without deduction of tax.

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