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Breakdown of depositors’ funds at First Cayman Bank

The latest news from the liquidators of First Cayman Bank is that there were 3,606 depositors with total deposits of $27.3 million.Of the total deposits, US$24.9 million, or 91 per cent, was placed by only 343, or 9.5 per cent, of depositors, each of whom had a net deposit of over US$10,000.