Tuesday 12 December 2017

Bank deposits up ¤2bn

IRISH customer deposits held by the four State-covered banks rocketed by €2bn in December as they are on a gradual climb since September.

Deposits at the four institutions -- Bank of Ireland, AIB, Permanent TSB and the Irish Bank Resolution Corporation -- have risen every month since August, when they amounted to an aggregate €140bn, before rising to €142bn in September.

Recent Central Bank statistics have showed continued declines in household lending in the final couple of months of last year, but increases in deposits.

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