Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:

  • gov.je

    Update your notification preferences

  • one.gov.je

    Access government services

  • CAESAR

    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Financial services statistics

Bank deposits​​​​​

Total bank deposits held in Jersey were £131.6 billion at the end of 2020. 

This is approximately £80 billion less than the peak of £212.3 billion recorded in 2007.

The number of bank licences was one less in 2020 compared with 2019.

Bank deposits in Jersey from 1998 to 2020 (at 31 December each year)

​Year
Number of banks​
Deposits
​Sterling (£ billion)​Currency (£ billion)Total​ (£ billion)
​1998
79​103​
​1999
77​
108​
​2000
74​39.8​77.4​117.3​
​2001
64​44.1​88.1​132.2​
​2002
59​47.5​91.8​139.3​
​2003
55​47.3​101.9​149.3​
​2004
5151.4106.8158.1
​2005​47​55.3​129.4184.6
​2006​46​60.6​129.1189.7
​2007​4869.4​142.9212.3
​2008​47​65.1​141.0206.1
​2009​47​57.5​107.7165.2
​2010​45​56.4​105.2161.6
​2011​40​55.9​103.8158.1
​2012​42​56.1​96.0152.1
​2013​42​52.4​87.5139.9
​2014​33​51.5​80.9132.4
​2015​3251.7​74.8126.5​
​201629​53.6​60.2​113.9​
​2017
28​57.4​60.6​118.1​
​201826​56.0​66.9​122.9​
​201925​​59.383.6​142.9​
​202024​57.5​74.1​131.6​

Source: Jersey Financial Services Commission

Fund a​dministration

The total value of collective investment funds administered from Jersey reached a previous peak of £246.2 billion in 2007. 

This total decreased to £166.2 billion in 2009 but has subsequently increased to £378.1 billion in 2020, the highest recorded to date.

Total value and number of funds administered from Jersey 2003 to 2020 (at 31 December each year)

YearNumber of funds Total number of separate pools Total value (£ billion)
​2003
602​2,142​102.5​
2004
8332,214104.1
20059652,437137.4
20061,1572,658179.1
20071,3112,934246.2
20081,4723,129241.2
20091,2942,725166.2
20101,2872,603184.7
20111,3922,454189.4
20121,3882,322192.8
20131,3342,149192.2
20141,3232,176228.9
20151,3202,163225.8
​20161,195​1,996​259.6​
​2017
1,104​2,063​291.2​
​2018963​2,166​319.9​
​2019844​​2,190345.7​
​2020750​2,054​378.1​

Source: Jersey Financial Services Commission

Investment business

The value of total funds under investment management stood at £29.5 billion at the end of 2020. This was an increase of £1.3 billion compared to 2019.

Value of funds under investment management from 2004 to 2020 (at 31 December each year)

 Year
Class B of the Financial Services
(Jersey) Law 1998 (£ billion)
Qualifying Segregated Managed Accounts ("QSMA") (£ billion) Total 
(£ billion)
200415.9n/a15.9
200518.2n/a18.2
200618.2n/a18.2
200719.3n/a19.3
200818.8n/a18.8
200919.7n/a19.7
201021.4n/a21.4
201120.8n/a20.8
201221.2n/a21.2
201322.2n/a22.2
201420.8n/a20.8
201521.71.823.5
​201620.6​1.9​22.6​
​2017
22.2​1.6​23.8​
​201823.3​1.6​24.9​
​201926.8​1.4​28.2​
​202028.4​1.1​29.5​

Source: Jersey Financial Services Commission

Registered companies

The number of companies registered in Jersey increased by 133 in 2020 compared with 2019.

Number of registered companies in Jersey 2003 to 2020 (at 31 December each year)

​Year
Number of companies registered​
​2003
31,780​
​2004
30,869​
​2005
31,162​
​2006
32,155​
​2007
33,683​
​2008
33,395​
​200933,074​
​201032,722
​201132,508
201232,503
​201332,479
​201432,717
​201533,063
​2016
32,249​
​2017
32,027​
​201832,186​
​201932,493​
​202033,626​

Source: Jersey Financial Services Commission

Back to top
rating button