Search: financial institution
RBA Glossary definition for financial institution
financial institution – A company whose primary function is to intermediate between lenders and borrowers in the economy.
Search Results
Domestic Financial Markets
10 Feb 2012
SMP
– February 2012
Private investors took up most of the issuance, with the Australian Office of Financial Management (AOFM) only purchasing around one-quarter. ... Notwithstanding this increase in spreads, funding conditions in wholesale markets for some corporates have
https://www.rba.gov.au/publications/smp/2012/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Nov 2008
SMP
– November 2008
Rating agencies downgraded several smaller Australian financial institutions, or negatively revised their outlook. ... As with housing loans, the banks have tended to reduce their rates by more than other financial institutions.
https://www.rba.gov.au/publications/smp/2008/nov/dom-fin-mkts.html
Domestic Financial Markets and Conditions
10 Feb 2008
SMP
– February 2008
While financial markets in general have remained volatile into 2008, conditions in money markets appear to have improved. ... Those financial institutions which were highly reliant on securitised funding have significantly curtailed their lending.
https://www.rba.gov.au/publications/smp/2008/feb/dom-fin-mkts.html
Box B: An International Comparison of Pass-through of Policy Rate Changes to Housing Loan Rates
10 Feb 2009
SMP
– February 2009
the fact that financial institutions have passed on most of the recent declines in wholesale rates to their rates on new and existing variable housing loans and new fixed housing loans. ... Moreover, financial institutions have passed on only about half
https://www.rba.gov.au/publications/smp/2009/feb/box-b.html
Domestic Financial Markets and Conditions
10 Nov 2007
SMP
– November 2007
Many local financial institutions reported a steady improvement in their access to funding both onshore and offshore over the second half of September and throughout October. ... The out-performance of the domestic market reflects the strength of the
https://www.rba.gov.au/publications/smp/2007/nov/dom-fin-mkts.html
Domestic Financial Markets and Conditions
10 May 2008
SMP
– May 2008
Underlying profits of financial institutions declined by 3 per cent. This mostly reflected a fall in investment income among insurance and diversified financial companies, with banks reporting moderate profit growth. ... Standard & Poor's recently
https://www.rba.gov.au/publications/smp/2008/may/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2013
SMP
– February 2013
Growth in business credit during the December quarter was also affected by loan refinancings that moved credit off the books of domestic financial institutions (which are captured in the Reserve ... Net new business external funding eased to 1.8 per cent
https://www.rba.gov.au/publications/smp/2013/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Feb 2009
SMP
– February 2009
This indicates that Australian banks continue to have good access to equity funding, particularly compared to financial institutions abroad. ... Rating agencies have recently made changes to the ratings and outlooks of several Australian financial
https://www.rba.gov.au/publications/smp/2009/feb/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2012
SMP
– August 2012
Several issuers, including major financial institutions, have been active in the retail bond market, with issuance totalling over $3 billion in recent months. ... Total business external funding was equivalent to 5 per cent of GDP in the June quarter
https://www.rba.gov.au/publications/smp/2012/aug/dom-fin-mkts.html
Domestic Financial Markets
10 Aug 2008
SMP
– August 2008
Growth in deposits has been driven by increased demand for low-risk assets and strong competition for deposits from financial institutions. ... Funding costs remain elevated for financial institutions although the recent decline in bill yields should
https://www.rba.gov.au/publications/smp/2008/aug/dom-fin-mkts.html