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Jersey
Introduction Jersey
Background: The island of Jersey and the other Channel Islands represent the last remnants of the medieval Dukedom of Normandy that held sway in both France and England. These islands were the only British soil occupied by German troops in World War II.
Geography Jersey
Location: Western Europe, island in the English Channel, northwest of France
Geographic coordinates: 49 15 N, 2 10 W
Map references: Europe
Area: total: 116 sq km
land: 116 sq km
water: 0 sq km
Area - comparative: about two-thirds the size of Washington, DC
Land boundaries: 0 km
Coastline: 70 km
Maritime claims: territorial sea: 3 nm
exclusive fishing zone: 12 nm
Climate: temperate; mild winters and cool summers
Terrain: gently rolling plain with low, rugged hills along north coast
Elevation extremes: lowest point: Atlantic Ocean 0 m
highest point: unnamed location 143 m
Natural resources: arable land
Land use: arable land: 0%
permanent crops: 0%
other: 100% (2001)
Irrigated land: NA sq km
Natural hazards: NA
Environment - current issues: NA
Geography - note: largest and southernmost of Channel Islands; about 30% of population concentrated in Saint Helier
People Jersey
Population: 90,812 (July 2005 est.)
Age structure: 0-14 years: 17.5% (male 8,222/female 7,658)
15-64 years: 67% (male 30,296/female 30,561)
65 years and over: 15.5% (male 6,176/female 7,899) (2005 est.)
Median age: total: 40.89 years
male: 40.13 years
female: 41.63 years (2005 est.)
Population growth rate: 0.32% (2005 est.)
Birth rate: 9.66 births/1,000 population (2005 est.)
Death rate: 9.19 deaths/1,000 population (2005 est.)
Net migration rate: 2.75 migrant(s)/1,000 population (2005 est.)
Sex ratio: at birth: 1.08 male(s)/female
under 15 years: 1.07 male(s)/female
15-64 years: 0.99 male(s)/female
65 years and over: 0.78 male(s)/female
total population: 0.97 male(s)/female (2005 est.)
Infant mortality rate: total: 5.24 deaths/1,000 live births
male: 5.6 deaths/1,000 live births
female: 4.85 deaths/1,000 live births (2005 est.)
Life expectancy at birth: total population: 79.24 years
male: 76.77 years
female: 81.91 years (2005 est.)
Total fertility rate: 1.57 children born/woman (2005 est.)
HIV/AIDS - adult prevalence rate: NA%
HIV/AIDS - people living with HIV/AIDS: NA
HIV/AIDS - deaths: NA
Nationality: noun: Channel Islander(s)
adjective: Channel Islander
Ethnic groups: Jersey 51.1%, British 34.8%, Irish, French, and other white 6.6%, Portuguese/Madeiran 6.4%, other 1.1% (2001 census)
Religions: Anglican, Roman Catholic, Baptist, Congregational New Church, Methodist, Presbyterian
Languages: English 94.5% (official), Portuguese 4.6%, other 0.9% (2001 census)
Literacy: definition: NA
total population: NA%
male: NA%
female: NA%
Government Jersey
Country name: conventional long form: Bailiwick of Jersey
conventional short form: Jersey
Dependency status: British crown dependency
Government type: NA
Capital: Saint Helier
Administrative divisions: none (British crown dependency)
Independence: none (British crown dependency)
National holiday: Liberation Day, 9 May (1945)
Constitution: unwritten; partly statutes, partly common law and practice
Legal system: English law and local statute; justice is administered by the Royal Court
Suffrage: NA years of age; universal adult
Executive branch: chief of state: Queen ELIZABETH II (since 6 February 1952)
head of government: Lieutenant Governor and Commander in Chief Air Chief Marshall Sir John CHESHIRE (since 24 January 2001) and Bailiff Philip Martin BAILHACHE (since NA February 1995)
cabinet: committees appointed by the Assembly of the States
elections: none; the monarch is hereditary; lieutenant governor and bailiff appointed by the monarch
Legislative branch: unicameral Assembly of the States (55 voting members - 12 senators (elected for 6-year terms), 12 constables or heads of parishes (elected for 3-year terms), 29 deputies (elected for 3-year terms); the bailiff and the deputy bailiff; and 3 non-voting members - the Dean of Jersey, the Attorney General, and the Solicitor General all appointed by the monarch)
elections: last held NA (next to be held NA)
election results: percent of vote - NA%; seats - independents 53
Judicial branch: Royal Court (judges elected by an electoral college and the bailiff)
Political parties and leaders: none; all independents
Political pressure groups and leaders: none
Diplomatic representation in the US: none (British crown dependency)
Diplomatic representation from the US: none (British crown dependency)
Flag description: white with a diagonal red cross extending to the corners of the flag; in the upper quadrant, surmounted by a yellow crown, a red shield with the three lions of England in yellow
Economy Jersey
Economy - overview: The Channel Island economy is based on international financial services, agriculture, and tourism. In 1996 the finance sector accounted for about 60% of the island's output. Potatoes, cauliflower, tomatoes, and especially flowers are important export crops, shipped mostly to the UK. The Jersey breed of dairy cattle is known worldwide and represents an important export income earner. Milk products go to the UK and other EU countries. Tourism accounts for 24% of GDP. In recent years, the government has encouraged light industry to locate in Jersey, with the result that an electronics industry has developed alongside the traditional manufacturing of knitwear. All raw material and energy requirements are imported, as well as a large share of Jersey's food needs. Light taxes and death duties make the island a popular tax haven. Living standards come close to those of the UK.
GDP (purchasing power parity): $3.6 billion (2003 est.)
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $40,000 (2003 est.)
GDP - composition by sector: agriculture: 5%
industry: 2%
services: 93% (1996)
Labor force: 52,790 (2004)
Unemployment rate: 0.9% (2004 est.)
Population below poverty line: NA
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 5.3% (2004)
Budget: revenues: $601 million
expenditures: $588 million, including capital expenditures of $98 million (2000 est.)
Agriculture - products: potatoes, cauliflower, tomatoes; beef, dairy products
Industries: tourism, banking and finance, dairy
Industrial production growth rate: NA%
Electricity - consumption: 630.1 million kWh (2004 est.)
Electricity - imports: NA kWh; note - electricity supplied by France
Exports: $NA
Exports - commodities: light industrial and electrical goods, foodstuffs, textiles
Exports - partners: UK
Imports: $NA
Imports - commodities: machinery and transport equipment, manufactured goods, foodstuffs, mineral fuels, chemicals
Imports - partners: UK
Debt - external: none
Economic aid - recipient: none
Currency (code): British pound (GBP); note - there is also a Jersey pound
Currency code: GBP
Exchange rates: Jersey pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000)
note: the Jersey pound is at par with the British pound
Fiscal year: 1 April - 31 March
Communications Jersey
Telephones - main lines in use: 73,900 (2001)
Telephones - mobile cellular: 61,400 (2001)
Telephone system: general assessment: NA
domestic: NA
international: 3 submarine cables
Radio broadcast stations: AM NA, FM 1, shortwave 0 (1998)
Radios: NA
Television broadcast stations: 2 (1997)
Televisions: NA
Internet country code: .je
Internet Service Providers (ISPs): NA
Internet users: NA
Transportation Jersey
Highways: total: 577 km
paved: NA km
unpaved: NA km
Ports and harbors: Gorey, Saint Aubin, Saint Helier
Airports: 1 (2004 est.)
Airports - with paved runways: total: 1
1,524 to 2,437 m: 1 (2004 est.)
Military Jersey
Military - note: defense is the responsibility of the UK
Transnational Issues Jersey
Disputes - international: none
Disclaimer. Credit and sources:
About, Inc., A part of The New York Times Company
CIA World Factsbook; Free-Maps.org
FINANCIAL INSTITUTIONS
List of Banks in Jersey
There are more then 55 banks operating in total in Jersey including branches and subsidiaries of British clearing banks and international banks, offering a full banking range of services. Advantages to banking on the Island include confidentiality, freedom of currency exchange, tax deferral, tax reduction and low commercial and political risk. The overall volume of deposits in Jersey in September 2003 stand at approximately GBP155.8 billion, a 14% increase compared with the same period of 2002.
Banking registration fees stand at an initial amount of GBP7.500 and every year thereafter.
Abbey National International
ABN AMRO Bank N.V., Jersey Branch
AIB Bank (C I)
Alpha Bank Jersey
Anglo Irish Bank Corporation plc, Jersey Branch
Ansbacher (Channel Islands)
Bank Leumi (Jersey)
Bank of India, Jersey Branch
Bank of Scotland International
Bank of Scotland plc, Jersey Branch
Banque Transatlantique (Jersey)
Barclays Bank plc, Jersey Branch
Barclays Private Bank & Trust
Barclays Private Clients International Limited, Jersey Branch
BHF-Bank (Jersey)
BNP Paribas S.A. Jersey Branch
BNP Paribas Securities Services Custody Bank
Citibank (Channel Islands)
Citibank N.A., Jersey Branch
Citicorp Banking Corporation
Deutsche Bank International
Dexia Private Bank Jersey
EFG Private Bank (Channel Islands) Limited, Jersey Branch
Fairbairn Private Bank
HSBC Bank International
HSBC Bank Middle East
HSBC Bank Plc, Jersey Branch
HSBC Private Bank (Jersey)
ING Bank (Jersey)
Investec Bank (Channel Islands) Limited, Jersey Branch
JPMorgan Chase Bank N.A.,Jersey Branch
Kleinwort Benson (Channel Islands)
Lloyds TSB Bank Plc, Jersey Branch
Lloyds TSB Offshore
National Westminster Bank Plc, Jersey Branch
Royal Bank of Canada (Channel Islands) Limited, Jersey Branch
SG Hambros Bank (Channel Islands)
Standard Bank Jersey
Standard Chartered (Jersey)
Standard Chartered Bank, Jersey Branch
The Co-operative Bank
The National Bank of Dubai P.J.S.C., Jersey Branch
The Royal Bank of Scotland Plc, Jersey Branch
Royal Bank of Scotland International Limited (also trading as NatWest Offshore)
UBS AG, Jersey Branch
UniCredit Bank Cayman Islands
Union Bancaire Privée, Jersey Branch
Jersey Financial Services Commision
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