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Spanish banks lend more than they gather in deposits, creating a funding gap that must be filled by wholesale markets (see chart).
What made it really special, though, was that it had loaned out almost twice its deposit base, creating a funding gap of almost £200 billion ($395 billion) that pretty much guaranteed its failure if wholesale borrowing markets ever dried up.For Britain's banks overall, loans exceed deposits by about a third, or £800 billion.
Cournia was able to gain and demonstrate this kind of leadership drive by creating a funding source for postdocs to travel to conferences while at Yale.
The EU's commitment of £3.6 billion to supporting UK small business ends in 2020, creating a funding gap that will put the brakes on business growth.
Congressional and local elected representatives would have to agree on creating a funding source that repays new bonds if the program is to be successful.
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The Justice Department only recognized this belatedly, creating a fund in a recent Bank of America settlement to "partially" defray tax costs.
Marc Andreessen: I'm creating a fund.
The UK Future Technology Fund used £100m of Government funding alongside commitments of £100m from private sector investors, creating a "fund of funds".
Another proposal is to create a funding stream solely for women.
According to Treasury officials the current system will create a funding gap of around £1.2bn by 2020.
The law was the first transportation spending package to create a funding category for intelligent transportation.
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