RBA’s Debelle expresses concern over bank funding pressures

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Guy Debelle, an assistant governor at the Reserve Bank of Australia, on Wednesday said Australian banks' funding structures were considerably more resilient to bank funding stresses than banks in Europe.

At the 24th Annual Finance & Treasury Association Congress in Sydney, Australia, Debelle said: "As the concerns about the fiscal sustainability of the euro area have intensified in recent months, and have spread to the financial system, there has been increased pressure on bank funding. The cost

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