Stagnant interest rate environment offers opportunity for deposit book growth

BankTech.png

 

 

 

The importance of a stable deposits base has increased exponentially in the post-financial crash era.

Since the 2007/8 crisis, retail banks have been forced to address huge balance sheet deficit, brought about by the freezing of mechanisms such as wholesale funding. The reaction amongst the major banks has been to stabilise income sources, growing retail deposits bases by over £250 billion throughout this testing period.

 Read the full article news-icon.pngnews-icon
 
Original article can be viewed here.