Movement in Island's Deposit Base

Deposits (net of local inter-bank placings) with Isle of Man offices of Isle of Man licensed deposit takers.

Deposits decreased by £2.27 billion (-4.61%) to £47.01 billion between 30 September 2011 and 31 December 2011.

Deposits in the year to 31 December 2011 decreased by £3.22 billion (-6.41%) on the corresponding figure as at 31 December 2010.

Enquiries:

Notes to Editors

1) “Deposits” include intra-group borrowing that is not capital in nature.

2) The total figures at 31 December 2011 compared to those at 30 September 2011 have not been materially influenced by exchange rate movements.