Investment hits record levels
Thursday 23rd March 2006, 12:00AM GMT.
MORE money than ever is being invested in Jersey, with a record £184.6 bn in deposits held at the end of last year.
Jersey Finance Ltd say deposits rose by 16.8% on 2004 figures, and that the value of funds climbed by 33% to £137.4 bn at the end of December.
And chief executive Phil Austin says there are already promising signs for 2006 and further into the future, with more business expected from the recent trip to the Middle East.
‘The statistics for 2006 show that generally across the board the start of the year has been really strong for the industry,’ he said.
‘And of course we are anticipating that the recent trip to the Middle East will produce some rewards from that direction.’
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