Retail deposits reached 601 ISK bil in 2012 in Iceland, according to the National Central Bank. This is 2.77 % less than in the previous year.
Historically, retail deposits in Iceland reached an all time high of 760 ISK bil in 2008 and an all time low of 304 ISK bil in 2004. When compared to Iceland's main peers, retail deposits in Denmark amounted to 825 DKK bil, 878 NOK bil in Norway, 1,269 SEK bil in Sweden and 1,101 GBP bil in United Kingdom in 2012.
Iceland has been ranked 32nd within the group of 66 countries we follow in terms of retail deposits.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.