MILAN Aug 7 European Central Bank funds to
Italian lenders stood at 164.97 billion euros ($221 billion) in
July, down from 179.63 billion a month earlier as banks repaid
crisis loans, Bank of Italy data showed on Thursday.
Longer-term ECB funds borrowed at two extraordinary
operations in late 2011 and early 2012 stood at 158.67 billion
euros at the end of last month from 170.89 billion euros at the
end of June.
Italian banks held 6.30 billion euros in funds borrowed at
the main ECB refinancing tenders at the end of July, down from
8.75 billion euros a month earlier.(1 US dollar = 0.7478 euro)
(Reporting by Stephen Jewkes, editing by Valentina Za)