RPATBGXUSAN

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Date Annual amounts outstanding of US-owned banks' sterling cash ratio deposits with Central Bank (in sterling millions) not seasonally adjusted
[a]
RPATBGXUSAN
31 Dec 20 694
31 Dec 21 767
31 Dec 22 797
31 Dec 23 726
31 Dec 24 0
31 Dec 25 0

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[a] As set out in the Banks Statistical Notice 2024/03, the Cash Ratio Deposit scheme closed in February 2024, and the Bank has repaid all CRD balances to their respective holders. This is reflected in our statistical reporting by all CRD related series decreasing to zero, and where firms have chosen to keep their CRD balances as reserves, a commensurate increase in series relating to reserves held at the Bank https://www.bankofengland.co.uk/statistics/notice/2024/statistical-notice-2024-03.