There have been massive changes in the treasury and liquidity management of a bank in recent years following the financial crisis. The classic funding mix, including customers’ moneys, capital market and equity capital, has to be adjusted to completely new trends. Decades-old deposit base theories must be reassessed in times of low interests, the ECB is quite an active player in the market, issuers of debt instruments receive money in addition to their debt.

In recent years, many new opportunities in funding have become available, an up-to-date liquidity management uses such new channels creating new access to markets through reasonable and controlled management of existing assets of a bank.