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The Curse of "Bank of Japan Borrowings" Threatens to Halt the Rapid Progress of Online banks... Their Presence in the Mortgage Market Is Fading, and Losing the Deposit Competition Could Cast a Dark Cloud over Liquidity.
Online banks, which have enjoyed remarkable success in the mortgage market, are now facing a major turning point. Their growth model, which compensated for the fragility of their deposit base, has come to a sudden halt with the normalization of monetary policy. Can online banks find a way to survive?
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Online banks, which have enjoyed remarkable success in the mortgage market, are now facing a major turning point. Their growth model, which compensated for the fragility of their deposit base, has come to a sudden halt with the normalization of monetary policy. Can online banks find a way to survive?