Guernsey Maintains its Position as a Leading Finance Centre

Guernsey has been ranked 26^th in the latest Global Financial Centres Index.

The Island has dropped four places overall from the last report published in March but retains its position as being in the very top bracket of 'offshore' centres.

"Overall I think we can be satisfied with the outcome of this report," said Peter Niven, Chief Executive of Guernsey Finance.

"We can see from the table that Guernsey is not alone – particularly among 'offshore' centres – in seeing a drop in its ranking. In fact, our underlying score actually fell by less than many of our traditional competitors and means that we very much maintain our place as a top tier 'offshore' finance centre. This also reinforces the picture painted by another recently published set of rankings from The Banker where we gained ground in a list of 'specialised' finance centres."