First Caribbean International Bank

First Caribbean International Bank Jamaica Limited (FCIBJ) has advised that the value of the company`s deposits with overseas banks as at August 31, 2008, amounted to the equivalent of J$3.656 billion. This amounted to 19.8% of its liquid assets and investment portfolio, and 7.6 % of its total assets. FCIBJ also advised that it had no exposure to overseas brokerage houses/investment banks/other financial institutions . The company`s estimate of the projected losses and impairment capital is nil.