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Bank deposits rose over past year

The amount of money deposited in Island banks has risen over the past year, according to the Financial Service Authority's latest statistics.

A new report shows £45.5 billion was deposited last year, compared to £44.6 billion in 2024. 

The total amount lent also went from £9.9 billion to £10.4 billion during the same period. 

You can read the full report here

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