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.
Royal assent for neonatal leave law
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Manx Telecom's takeover won't mean redundancies
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Businesses invited to exhibit at rebranded food and drink festival
The government's inviting businesses to sign up to exhibit their products at the Island's food and drink festival.
Nearly two-thirds of Island have switched to fibre
Around 63 percent of the Island has now made the switch to fibre broadband.
Final call for entries to the Elevate You Awards
There's less than a month left to enter the Elevate You Awards.
New liquor licence aimed at helping private events
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Special healthcare recruiting event this summer
Healthcare and social care professionals are being invited to a special recruitment event this summer.
Date set for flagship maritime industry event
A gathering described as the Island's flagship maritime event will be taking place next month.
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