ANZ results confirm growing premium paid for deposit funding
- Tuesday, 30 April 2013
Half year results released by ANZ Banking Group (ANZ) on April 30 show an increasing gap between the bank's cost of deposit funding and wholesale margins, with the bank paying around 50 basis points more for deposits than for three-year wholesale debt by the end of March this year. Overall, ANZ's funding mix remained largely stable compared with six months previously.
