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FCDU Deposits Grew by 3.62 Percent in November 2005

12.16.2005

FCDU deposits reached $15.408 billion, registering a 3.62 percent month-on-month growth from $14.908 billion in end-October 2005.  At this level, it is almost equal to its peak of $15.491 billion in end-April 2005.

This developed as the half billion dollars additional FCDU deposits generated for the month of November more than made up for fluctuations during the succeeding months and the $0.155 billion month-on-month decline posted in October.  This increase is largely attributed to the influx of deposits of corporate clients.

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