Retail funds

Retail funds

by James Houkamau -
Number of replies: 1

What's this about?

In reply to James Houkamau

Re: Retail funds

by Arnold Young -
I assume that this is in the context of the Mortlock article. Banks need to fund their lending. This comes from deposits by their customers or they borrow from other banks. Generally the deposits they get from individuals, like you and me, is known as retail funding.