Bloomberg News

ECB Says Banks’ Overnight Deposits Fall From 18-Month High

December 06, 2011

Dec. 6 (Bloomberg) -- The European Central Bank said banks in the euro area deposited less money with it overnight.

Financial institutions parked 328.2 billion with the Frankfurt-based ECB, down from 332.7 billion euros, which was the most in almost 18 months.

Banks borrowed 7.8 billion euros in emergency overnight funds, up from 7 billion a day earlier.

To contact the editor responsible for this story: Gabi Thesing at gthesing@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus