Zurich Bank International and the financial institution's Life operation are to share premises in the main Zurich building in Athol Street, Douglas from next month.
The bank is moving out of its current premises at Harbour Court, Lord Street on 21 May.
Zurich Bank International's CEO Mark Waterhouse says the move is a great opportunity to increase the bank's profile on the Island, as the street-fronted premises in Athol Street which is their registered office, will allow customers to visit them more easily.
Mr Waterhouse says the move will also foster closer ties with the insurance company, with which the bank already shares some back office services.
The bank and international life businesses are now looking forward to arranging joint social and charitable events.
Business confidence cools as costs climb and demand outlook weakens, survey finds
Dates for rebranded Isle of Man Food and Drink Festival announced
Isle of Man launches fourth annual Innovation Challenge
2025 Year of Stamps Marked through Isle of Man Year Collections
