Westpac wholesale funding ticks up as bank sees more positive lending conditions
- Monday, 05 May 2014
Westpac Banking Corporation (Westpac) reported an increase in term funding in its results for the six months to the end of March this year on May 5. The bank notes improved sentiment in both the household and business sectors, leading to a slight increase in the pace of lending growth – which it was able to satisfy in part because of ongoing conducive conditions in wholesale funding markets.
