Coventry Building Society

Money, investing, mutuals etc
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Re: Coventry Building Society

Post by pabenny » Tue Oct 10, 2017 6:44 pm

Fair point. But is that what drives deposit rates? I suspect that most financial institutions don't really need to attract retail deposits at present as QE has resulted in plenty of cheap wholesale money around.

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Re: Coventry Building Society

Post by planteria » Tue Oct 10, 2017 9:31 pm

that is correct.

there are plenty of financial institutions who are keen to lend more (to the profile that they want to lend to) and would willingly lose some deposits/depositors.

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