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FCDU Deposit Liabilities Further Declined to $17.588 Billion

02.15.2007

FCDU deposit liabilities continued to decline for the fifth consecutive week, decreasing by $71 million from $17.659 billion last 19 January 2007 to $17.588 billion as of 26 January 2007. Although 0.4 percent lower than the previous week, the present level of $17.588 billion is 11.2 percent or $1.772 billion higher than last year’s (27 January 2006) $15.816 billion.

The week-on-week net decline of $71 million was mainly attributed to the  $100 million decrease in resident deposits.

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