European Central Bank: banks borrowed €18.3 billion in loans

Market news

11 December 2015

European Central Bank: banks borrowed €18.3 billion in loans

The European Central Bank (ECB) said on Friday that banks borrowed €18.3 billion in loans, the so-called TLTROs, compared to the previous allotment of €15.6 billion.

The ECB is offering banks the loans as part of its stimulus measures to spur Eurozone's economy and to boost inflation to its 2% target.

The ECB said there were 55 bidders for this week's TLTROs.

European stock markets mid session: stocks traded lower on falling oil prices

Consumer inflation expectations for the coming year in the UK remain unchanged at 2.0% in December

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