Greenwich Associates: Bank Deposit Outflows Push Up Loan Pricing for Commercial Borrowers
June 08, 2023
June 08, 2023
STAMFORD, Connecticut, June 8 -- Greenwich Associates, a division of CRISIL, issued the following news release:
Although the U.S. banking industry has, at least until now, avoided a much-feared run on small banks, steady deposit outflows are increasing funding costs for banks of all sizes and driving up the price of commercial loans.
U.S. banks are struggling to maintain and attract deposits in the face of rapidly rising interest rates. This dynamic is increasing commer . . .
Although the U.S. banking industry has, at least until now, avoided a much-feared run on small banks, steady deposit outflows are increasing funding costs for banks of all sizes and driving up the price of commercial loans.
U.S. banks are struggling to maintain and attract deposits in the face of rapidly rising interest rates. This dynamic is increasing commer . . .