And it should also be easier for Islanders to secure funds needed for private and commercial lending in 2010.
Treasury Minister Philip Ozouf said that the policy of ‘proactively marketing’ the Island’s high regulatory standards would certainly have helped to attract the new banks to Jersey.
And Economic Development Minister Alan Maclean said that encouraging signs were beginning to emerge which would suggest that confidence was growing in the local economy.
However, at this stage neither he nor Senator Ozouf was prepared to name the banking institutions involved.
