Bank deposits rising, says regulator

Monday, 16 March 2026 08:37

The amount of money deposited in Island banks has risen by nearly two billion over the past two years, according to data from the Island's financial regulator.

There was £46.5 billion in total deposits at the end of last year, up from £44.6 billion in 2024.

Only a third of customer deposits came from the Island during the last quarter, with the rest coming from abroad.

The figures were given in the latest banking bulletin by the Financial Services Authority - you can read the full report via this link.

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