Savings for the future

UK mortgage banks will be depending heavily on one channel to help fund their mortgages this year - savers' deposits. Dippy Singh reports on the growing competition among lenders to gain control in this sector, and which banks need to up their game

If mortgage banks experience any loan growth in 2008 it will not be due to new funding from the structured investment markets but will be down to funding via customer deposits. UK banks that have deposit-taking businesses will be almost solely dependent on this channel to fund their mortgages as the capital markets remain dormant this year.

Fierce competition for customer deposits is already apparent as banks increase the rates they offer to depositors. While some UK banks have benefited by

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here