Reuters logo
ECB funding to Italian banks falls slightly in May
June 7, 2013 / 10:02 AM / 4 years ago

ECB funding to Italian banks falls slightly in May

MILAN, June 7 (Reuters) - Italian banks held a total of 259.2 billion euros ($342 billion) in funds from the European Central Bank at the end of May, slightly down from 265.7 billion euros a month earlier, the Bank of Italy said on Friday.

Funds borrowed through “longer-term refinancing operations” - mainly the cheap money Italian lenders took from the two three-year loans launched by the ECB - stood at 254.5 billion euros, from 259.4 billion euros at the end of April. ($1 = 0.7579 euros) (Reporting by Silvia Aloisi, editing by Danilo Masoni)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below