Banks ramp up reliance on offshore capital markets
Australia’s banks are ramping up their use of wholesale financing from offshore amid favourable global credit conditions, in a move that could expose banks to heightened risk.
Australia’s banks are ramping up their use of wholesale financing from offshore as favourable global credit conditions lure them into the capital markets – a move that could expose banks to heightened risk.
Australian banks’ over-reliance on international capital markets remains the Achilles heel of an otherwise resilient banking system.
