attract deposits in a sentence
1) Higher interest rates attract deposits from overseas.
2) The business of banking consists of lending money as well as attracting deposits.
attract collocations
3) So SMEs are forced to raise interest to attract deposits, thus reducing profit and increasing operating costs.
4) Board of Directors members, Board members of micro-finance company that attracts deposits shall have relevant professional qualification and good reputation.
attract deposits example sentences
5) A building society must attract deposits before it can grant a mortgage (loan) to a borrower to purchase a house, unlike a bank which can create a deposit by granting a loan.6) Indeed, both bank secrecy jurisdictions and offshore financial centres attract deposits from citizens who want to avoid taxes through legitimate tax loopholes.
7) In section 4.1.1 we saw that one of the reasons for building society success was their ability to attract deposits, comparatively cheaply.
8) The growth of the inter-bank market (see below) has meant that banks no longer have to rely on attracting deposits to cover their lending.
9) Hence, the committee suggested an upward revision of several rates of interest, both, for attracting deposits and for lending to commercial borrowers.
10) Commercial banks are authorized to accept checking and savings deposits and term investment deposits, and they are allowed to use promotional methods to attract deposits.
11) The market acted as a fully international mechanism for attracting deposits and offering loans, over a broad range of maturities and at highly competitive rates.
12) At The The Shanghai Bank, contrary to what other banks were doing at the time, he concentrated on attracting deposits from the public instead of notes issuance.
13) The rates they had to pay to attract deposits rose sharply, but the amount they earned on long-term, fixed-rate mortgages did not change.
14) With about € 68b in its banks, Cyprus has a vastly outsized financial system that attracted deposits from abroad, especially Russia.
example sentences with attract
15) Given plenty of liquidity in the economy, these institutions, by offering higher interest rates than the clearing banks, attracted deposits and were thus able to expand their loans.16) 1) to attract deposits on its own behalf on terms and conditions agreed with the depositor;
17) "Banks are still attracting deposits because the interest rates offered are higher than the ones in Europe and the United States", says Marwan Mikhael, head of research at BLOM Bank.
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