The latest statistics from the Island's financial regulator shows total lending by banks has risen more than 29 per cent in the last three years.
The Financial Services Authority has released its Banking Statistical Bulletin for the end of 2023.
In it, it says banks lent a total of £7.2 billion in 2020 - but that figure stood at £9.3 billion at the end of last year.
The FSA report also shows the number of people employed by banks in the Isle of Man has risen from 1,925 in 2020 to 2,067 in 2023.
Popular Douglas cafe up for sale
A café and takeaway in central Douglas has gone on the market.
Company reveals hopes for Swiss Chalet
Work to reopen a landmark former restaurant which has been closed since 2019 is forging ahead.
Premium estate agent launches new license on Island
Premium property agent Fine & Country has launched a new license on the Isle of Man.
Signs approved for estate agent's new office
A local estate agent that's opening a new location in the south has had a planning application approved.
Number of aircraft registered here declining since 2022
The number of new aircraft being registered by the Isle of Man aircraft registry has been declining steadily since 2022.
Post Office profits up by over a million pounds
The Post Office says it's profits rose by more than a million pounds last year.
Information Commissioner partners with Jersey
The Island's information commissioner is joining forces with Jersey to understand the data protection challenges faced by organisations.
New parental leave laws approved
Tynwald has approved new legislation about shared parental leave and bereavement leave.
