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Movement in Island's Deposit Base 29 May 2012 Deposits (net of local inter-bank placings) with Isle of Man offices of Isle of Man licensed deposit takers Deposits increased by £0.27 billion (0.57%) to £47.28 billion between 31 December 2011 and 31 March 2012. Deposits in the year to 31 March 2012 decreased by £0.85 billion (-1.77%) on the corresponding figure as at 31 March 2011. Enquiries: Andrew Kermode Deputy Director - Banking Financial Supervision Commission Tel: +44 (0)1624 689320 Notes to Editors 1) “Deposits” include intra-group borrowing that is not capital in nature. 2) Foreign currency deposits comprise 35% of the above total. The figures at 31 March 2012 compared to those at 31 December 2011 are not considered to have been materially influenced by exchange rate movements. More stories >>> |
