The Isle of Man Financial Services Authority published data showing that deposits, net of local inter-bank placings, with Isle of Man offices of Isle of Man licensed deposit takers increased by GBP 0.35 billion, or 0.77%, to GBP 45.95 billion between 31 December 2025 and 31 March 2026. Over the year to 31 March 2026, the deposit base increased by GBP 2.93 billion, or 6.81%, compared with 31 March 2025. Deposits include intra-group borrowing that is not capital in nature. Foreign currency deposits accounted for 49.82% of total deposits at 31 March 2026, equivalent to GBP 22.89 billion, up from 48.40% or GBP 22.07 billion at 31 December 2025. These balances were primarily denominated in US dollars and euro, and exchange rate movements did not materially affect the quarterly increase, with sterling weakening slightly against the US dollar and remaining broadly stable against the euro.
Isle of Man Financial Services Authority2026-06-10
Isle of Man Financial Services Authority reports island deposit base increased to GBP 45.95 billion at 31 March 2026
The Isle of Man Financial Services Authority reported that deposits, net of local inter-bank placings, with Isle of Man offices of licensed deposit takers rose by GBP 0.35 billion (0.77%) to GBP 45.95 billion between 31 December 2025 and 31 March 2026, and by GBP 2.93 billion (6.81%) over the year to 31 March 2026. Foreign currency deposits accounted for 49.82% of total deposits at 31 March 2026, equivalent to GBP 22.89 billion, up from 48.40% or GBP 22.07 billion at 31 December 2025, mainly in US dollars and euro with limited impact from exchange rate movements.