The island's financial regulator says it's not asking for people to get more money covered in the event of a bank collapse.
The Financial Services Authority has published its response to a public consultation about the Depositor's Compensation Scheme.
It says some people had asked for coverage to be increased to £85,000 from its current £50,000 figure.
But it says the figure should match that of other Crown Dependencies, and other laws will help bank customers should the worst happen.
Company lodges flats plans for offices
Falling demand for office space - and rising demand for housing - could see an office block in central Douglas converted into flats.
New signage plans for Tesco
A supermarket in the capital could be getting a new look, if planners approve new proposals.
Age Concern event to connect older people with support services
Age Concern Isle of Man is bringing together government departments, charities and local organisations to help support older people.
Age Concern are bringing support services together for older people across the Isle of Man
Age Concern Isle of Man is bringing together a wide range of government departments, public services, Charities and local organisations for a special event aimed at supporting older people across the Island.
PokerStars Isle of Man faces uncertainty over Flutter job cuts
PokerStars' Isle of Man operation could be affected by plans to cut up to 1,400 jobs at parent company Flutter Entertainment.
Businesses invite to sponsor Island Games 2029
The Isle of Man will be hosting a huge sporting event in 2029 - and your business is invited to get involved.
Isle of Man to change sanction rules following UK
The Isle of Man is getting new rules about sanctions, as the UK changes its regulations.
Island company unveils AI voicemail alternative
An Isle of Man technology business has launched a new AI service to help companies handle phone enquiries more efficiently.
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