I've come across the term 'sticky deposit' and I'm not sure what it means. Is it related to finance or banking? Or does it have another context? I'd like to understand its definition and how it's used.
6
answers
SsangyongSpiritedStrengthCourage
Thu Feb 06 2025
Such renewal or rollover actions form an integral part of the bank's overall funding strategy.
CryptoNinja
Thu Feb 06 2025
Deposits and alternative sources of funding that banks utilize are deemed 'sticky' under specific circumstances.
Valentina
Thu Feb 06 2025
These funds are considered sticky when there is a high probability of customers renewing or rolling them over.
Federica
Wed Feb 05 2025
The likelihood of funds being sticky extends to conditions even during times of stress.
Sara
Wed Feb 05 2025
Customers' decisions to maintain or extend their deposits play a crucial role in determining the stickiness of these funds.