This striking Athol Street building was built in 1902 as the new head office of the Isle of Man Banking Company, designed by the architect Alexander Marshall Mackenzie. The bank had already been established locally for decades, having opened its Douglas office in Athol Street on 1 November 1865, and it was renamed the Isle of Man Bank Ltd in 1926. The 1902 head office marked a major statement of the bank's standing in Douglas's financial district, in a street that was and remains the centre of the island's banking and legal business.