- European Central Bank’s negative deposit rate has a positive impact on lending volumes
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19 abril 2016
European Central Bank’s negative deposit rate has a positive impact on lending volumes
The European Central Bank (ECB) said in a survey on Tuesday that the negative deposit rate had a positive impact on lending volumes.
"Regarding the impact of the ECB's negative deposit facility rate, banks reported a positive impact on lending volumes, specifically for loans to households, but a negative impact on their net interest income and loan margins for the last quarter of 2015 and the first quarter of 2016," the ECB said.
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