ECB funding to Italian banks rise slightly in January

MILAN Thu Feb 7, 2013 5:08am EST

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MILAN Feb 7 (Reuters) - Italian banks held a total of 273.9 billion euros in funds from the European Central Bank at the end of January, slightly up from 271.8 billion euros a month earlier, Bank of Italy data showed on Thursday.

Italian lenders took an overall 255 billion euros in cheap three-year loans at two special tenders held by the ECB in December 2011 and February 2012. (Reporting by Francesca Landini, editing by Jennifer Clark)