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Guernsey Financial Services Commission Second Quarter 2002 Banking Sector Activity

Contact Louise Bowden - louise.bowden@db.com
Source Guernsey Financial Services Commission Press Release
Location Guernsey
Date 20 August 2002

Guernsey Financial Services Commission Second Quarter 2002 Banking Sector Activity

Total Deposits held with Guernsey banks at the end of June 2002 decreased in sterling terms by £3,038mn from the end of the March 2002 level of £77,273mn to £74,235mn. It should be noted that while this decrease is significant, the level of deposits in June 2002 was still higher than in June 2001. Total assets and total liabilities decreased in the second quarter in sterling terms by £2,986mn to £78,047mn.

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