Offshore Financial Services in Guernsey, 2000-07

Introduction

This databook examines the deposits, mutual funds and insurance sectors held in Guernsey from 2000 to mid-2008, segmenting these assets by onshore/offshore and retail/institutional customers.

Scope

• Segments assets by client base: retail vs. institutional, and onshore clients vs. offshore clients
• Includes 8 years of historic data
• Includes deposits and mutual funds

Highlights

Deposits in Guernsey increased at a compound annual growth rate (CAGR) of 10.9% over the 2002-2007 period. Deposits from offshore customers accounted for 82% of the total deposits in 2007.

In 2007, deposits from retail customers accounted for 58.7% of the total deposits and 65.1% of the total offshore deposits in Guernsey.

Investments via mutual funds in Guernsey increased at a CAGR of 33.9% over the 2002-2007 period. Mutual fund investments from onshore customers accounted for 81.7% of the total mutual funds investment in Guernsey in 2007.Reasons to Purchase

• Identify growth in offshore business in this centre
• Know how the credit crisis is affecting offshore deposits and funds in this centre
• Compare onshore versus offshore deposits and mutual funds to identify which customer base is being most affected