Banks not using most ECB cash for loans

Banks not using most ECB cash for loans

Eurozone commercial banks may have borrowed over one trillion euros from the European Central Bank in cheap long-term loans, but they are not lending most of it on to businesses, individuals or even other banks. br br Three quarters of that money -- 776.9 billion euros -- went straight back into ECB overnight accounts. br br ...


User: euronews (in English)

Views: 4

Uploaded: 2012-03-02

Duration: 00:25

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