Deposit base up, wholesale funding costs down in CommBank results
- Wednesday, 13 February 2013
Half-year results released by Commonwealth Bank of Australia (CommBank) on February 13 reveal that the deposit portion of the bank's funding base continued to creep upwards in the six months to December 2012, even as the cost of new wholesale funding declined substantially. The bank also disclosed the makeup of its retail deposit mix, showing notable growth in investment account balances.
