Wholesale Deposit

Wholesale Deposit

A deposit at a bank made by an institutional investor, a large business, another bank or an investment vehicle such as a mutual fund or pension. Wholesale deposits are usually large amounts of money, and wholesale clients are sometimes prioritized more highly than individual customers.
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He continued: 'Our operations in the United Kingdom now offer end-to-end trade, treasury, structured finance, wholesale deposit taking and ancillary services.
"With the easing of systemic liquidity, we have already seen some correction in wholesale deposit rates.
Previously, the guarantee covered just Northern Rock's retail and wholesale deposit accounts as well as the bank's unsecured wholesale borrowing.
The growth of the wholesale market introduced a new margin between wholesale deposit rates and retail lending rates.
The decline in the net interest margin was mostly attributed to an 8 basis point increase in the average rate on interest bearing deposits, which was primarily driven by market competition and the Company's strategy to use longer term wholesale deposit funding to manage interest rate risk.
NewBridge Fintech Solutions is a DIFC-based Fintech company which has created a global marketplace for wholesale deposits (www.deposit-book.com), connecting Banks with corporate and institutional depositors through an online platform.
As part of its strategy, the bank has gradually increased the share of retail deposits at the expense of wholesale deposits, which has been supportive of the net interest margin.
Oil price weakness during 2015-17 reduced the revenue of large bank depositors, including government-related issuers and large corporates, thereby increasing the cost of wholesale deposits from such large depositors.
Oil price weakness during the 2015-17 period reduced the revenue of large bank depositors, including government-related entities and large corporates, thereby increasing the cost of wholesale deposits from such large depositors.
The rating agency's standard assumptions, which are applied to Unipol Banca, assume residual tangible common equity of 3% and losses post-failure of 8% of tangible banking assets, a 25% run-off in junior wholesale deposits, a 5% run-off in preferred deposits, and a 25% probability of deposits being preferred to senior unsecured debt.
There was also a 59% increase in retail deposits to Au509.8mn and 53% in wholesale deposits to Au31.7mn.
The report evaluates how G-SIBS may meet the minimum proposed requirements including the possibility of using long- term wholesale deposits as TLAC and the impact on debt issuance.
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