ECB: record cash deposits

Note: This section contains information in English only.
Source: BBC

The ECB announced it has received a record high cash deposits from banks totaling 412bn euros. The growing interest to the deposit facility of the ECB signals the unwillingness to perform interbank lending among the EU banks amid uncertainty over the Euro Zone debt crisis. The cash deposits came from the funds lent by the ECB to the banks last week to ease financial difficulties in the Euro Zone.

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