The bank made its first profits in 2009, with the 2008 financial crisis being a significant contributor to lowering funding costs.

CDS prices tend to be used as a proxy for marginal funding cost, being a risk measure.

In the past a private sector proposal had to demonstrate that funding costs would be less than if it was carried out by the Government.

These sources of funding are more expensive than deposits, raising the bank's average funding costs.

Interest received by the bank(s) is used, firstly, to meet what are referred to as the funding costs of the loan.

"We don't think that this will affect our business or our funding costs."

This makes many business lines in securities operations more difficult, due to lower activity and higher funding costs.

Danske Bank, which still has access to the markets, said it would raise its lending rates, due partly to higher funding costs.

Private investors are often the only source available to companies seeking to cover the enormous funding costs associated with clinical trials.

I don't think that's begun yet but you could see how that would come through here if funding costs were to continue to be as high.