The amount of money held by banks and financial institutions on the Island fell by £360 million at the end of last year.
According to the Financial Services Authority, deposits with Isle of Man licensee offices fell by 0.85 per cent to £41.82 billion between September and December.
It wasn't all bad news, however, as the year on year figures were up by just over 1 per cent.
At the end of December, deposits had risen by £420 million compared to the previous year's figure.
Huge careers fair gets underway this week
Hovercarting business removed from company register
AI top of Info Commissioner strategy
Local TV company brings back live racing broadcast
Island's Spar shops join rewards scheme
Former tea room company to be removed from register
New look of 2026 TT merch revealed
Regulator wants views on fit and proper guidance