https://bridgingandcommercial.co.uk/article/19020/sancus-set-to-close-guernsey-and-gibraltar-offices-and-appoint-new-interim-cfo
After completing a review of its activities in Gibraltar, Sancus said it had not identified sufficient quality lending opportunities to merit a continued presence in the region.
Sancus has elected to close its office in Guernsey and cease new business activities in Gibraltar in a bid to simplify the business, as well as improve efficiency and optimise the use of resources.