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FDCU Deposit Liabilities Declined to $17.659 Billion

02.09.2007

FCDU deposit liabilities continued to decline for the fourth week, decreasing by $111 million from $17.770 billion last 12 January 2007 to $17.659 billion as of 19 January 2007. Although 0.6 percent lower than the previous week, the present level of $17.659 billion is 12.7 percent or $1.984 billion higher than last year’s (20 January 2006) $15.675 billion.

The week-on-week net decline of $111 million was mainly attributed to the  $119 million decrease in resident deposits.

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