Bloomberg News

ECB Says Banks’ Overnight Deposits Rose, Nearing All-Time High

January 03, 2012

Dec. 30 (Bloomberg) -- The European Central Bank said overnight deposits from financial institutions rose, approaching an all-time high.

Euro-area banks parked 445.7 billion euros ($576.8 billion) with the Frankfurt-based ECB yesterday, up from 436.6 billion euros a day earlier. Deposits reached a record 452 billion euros on Dec. 27.

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