Bank Liabilities Survey - 2013 Q4

This quarterly survey of banks and building societies is aimed at improving our understanding of the role of lenders’ liabilities and capital in driving credit and monetary conditions.
Published on 07 January 2014

The 2013 Q4 survey was conducted between 11 November and 2 December 2013.


Banks fund themselves via wholesale and retail markets. Wholesale market funding is provided by larger investors who range from other banks to pension funds and insurance companies, hedge funds and sovereign wealth funds.


The volume of retail funding raised over the previous three months continued to be positively affected by an increase in the supply of deposits (unrelated to price developments) by firms, although to a lesser extent than in the first half of the year.

Wholesale markets

In wholesale markets, lenders reported that investor demand for their debt had been broadly unchanged in Q4 and was expected to remain so over the next three months.


Banks issue capital, a liability, as a source of financing which acts as a buffer against losses incurred on the asset side of their balance sheets.

Transfer pricing

A bank’s transfer price is the marginal absolute cost charged internally to business units for obtaining funding from the treasury unit, ie the cost of funding the flow of new loans.

PDFBank liabilities survey 2013 - Q4

PDFAnnex - 2013 Q4

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