Bloomberg News

ECB Says Banks’ Overnight Deposits Decline From Record High

December 29, 2011

Dec. 29 (Bloomberg) -- The European Central Bank said overnight deposits from financial institutions declined from a record high.

Euro-area banks parked 437 billion euros ($565 billion) with the Frankfurt-based ECB yesterday, down from 452 billion euros a day earlier.

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To contact the editor responsible for this story: Matthew Brockett at mbrockett1@bloomberg.net


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