Movement in Island's Deposit Base

30 June 2025

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

Deposits decreased by £0.39 billion (-0.91%) to £42.63 billion between 31 March 2025 and 30 June 2025.

Deposits in the year to 30 June 2025 decreased by £0.76 billion (-1.75%) compared to the corresponding figure on 30 June 2024.

Enquiries:

Andrew Kermode

Head of Division – Prudential Supervision

Tel: +44 (0)1624 689320

Notes to Editors

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

2)   As of 30 June 2025, foreign currency deposits comprised 46.24% (£19.71bn) of total deposits (31 March 2025: 46.30% (£19.92bn)) as expressed in sterling equivalent.  These deposits are primarily denominated in US dollars and Euro.  Exchange rate movements on a total foreign currency basis (GBP strengthened against USD by 6.4% and weakened against EUR by 2.4%) did not materially impact the quarterly movement.