Song remains the same in big four results: deposits up, wholesale funding down
- Monday, 04 November 2013
The three Australian major banks to have issued annual results between October 29 and November 4 all reiterated the same story that has characterised capital and funding efforts since the financial crisis. Deposit funding continues to creep upward and wholesale issuance has fallen – though at least one of the majors suggests its aversion to wholesale issuance growth might change in response to future credit growth.
