Figures released yesterday by Jersey Finance show that the Island's finance industry finished 2012 on an upbeat note, seeing increases in bank deposits and funds under administration.
Bank deposits rose 2.3% in Q4, up to £152.1bn from £147.8bn in the previous quarter.
The total net asset value of funds under administration rose to £192.8bn from £189.5bn at the end of the third quarter. Over 2012 as a whole, the value of funds under administration has risen by approximately £3 billion, with the specialist fund sector being particularly buoyant.
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