Page 44 - Annual Report 2019

41 ANNUAL REPORT 2019 SUPERVISION AND AUTHORISATION

4. Sources of deposits and current accounts (excluding intra-group)

December 2019 December 2018

3.1% 7.8%
6.1%
6.5% 8.4%

9.4%
12.7%
41.1%

71.5%
33.4%

Banks Securities & Investment Firms Corporates “Opt-up” Business Customers PSEs

Corporate banks’ reliance on funding sourced from banks increased in 2019 as compared
to the prior year, whereas funding from non-bank financial institutions represented a lesser
proportion of the funding mix in 2019. The proportionate funding contribution from corporates,
high-net-worth individuals, and public sector entities (“PSEs”) also declined slightly in 2019.