The Isle of Man Financial Services Authority published data showing that deposits (net of local inter-bank placings) held with Isle of Man offices of Isle of Man licensed deposit takers fell by GBP 0.39 billion (-0.91%) to GBP 42.63 billion between 31 March 2025 and 30 June 2025. On a year-on-year basis to 30 June 2025, deposits declined by GBP 0.76 billion (-1.75%) compared with 30 June 2024. Foreign currency deposits represented 46.24% (GBP 19.71 billion) of total deposits at 30 June 2025, broadly unchanged from 46.30% (GBP 19.92 billion) at 31 March 2025, and were primarily denominated in US dollars and euro; the authority indicated that exchange rate movements did not materially affect the quarterly change. The reported deposit measure includes intra-group borrowing that is not capital in nature.
2025-09-01Isle of Man Financial Services Authority
Isle of Man Financial Services Authority reports GBP 0.39 billion quarterly fall in deposit base to GBP 42.63 billion
The Isle of Man Financial Services Authority reported a decrease in deposits held by Isle of Man licensed deposit takers, falling by GBP 0.39 billion (-0.91%) to GBP 42.63 billion from 31 March to 30 June 2025. Year-on-year, deposits declined by GBP 0.76 billion (-1.75%) as of 30 June 2025. Foreign currency deposits, mainly in US dollars and euro, accounted for 46.24% of total deposits, with exchange rate movements having minimal impact on the quarterly change.