Digital Banking Strength and Strategic Funding
Q3/17
Q4/17
Q1/18
Q3/17
Q4/17
Q1/18
Q2/18
Q3/18
Q4/18
Q1/19
Wholesale Funding Utilization
Declining reliance on wholesale funding, particularly short-term
WHOLESALE FUNDING / TOTAL ASSETS
24.2%
23.7%
23.1%
18.9%
REDUCTION IN WHOLESALE
FUNDING DRIVEN BY SYSTEM
LIQUIDITY
Ended incremental participation in central
bank wholesale funding programs as system
liquidity drove deposit growth
o Continued access to term senior and capital wholesale
funding markets
Q2/19
MONEY MARKET WHOLESALE FUNDING /
TOTAL WHOLESALE FUNDING
37.4%
35.6%
39.7%
Q2/18
Q3/18
Q4/18
Q1/19
Q2/19
Q3/19
Q4/19
Q1/20
Q2/20
Q3/20
29.8%
Q3/19
Q4/19
Q1/20
Q2/20
Q3/20
REDUCTION IN MONEY
MARKET FUNDING
Absorbing central bank system liquidity via
lower short term funding balances
o Primarily driven by lower certificate of deposits
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