After the cancellation of interest rates on deposits decided last week, in just 24 hours the money parked in Frankfurt by commercial banks in the Eurozone has more than halved, going from 800 to 324,931 billion euros.
Very short-term deposits increased to 758,7 billion, confirming the line of action of the credit institutions in the last period - Real boom in loans, shot up to 11,784 billion from the previous 992 million.
The new peak was reached at 827,534 billion euros and reflects the excess liquidity in the European banking system after the Ltro2 financing operation promoted by the European Central Bank itself.
Very short-term deposits at the European Central Bank set a new record on Friday evening, updating the previous night's record to 820,219 billion - Banks' distrust of the economic system remains…
Two days after the three-year liquidity auction with which the ECB placed over 500 billion euros on the market, the record for very short-term deposits with the European Central Bank was reached yesterday evening: 776,941...
Yesterday's data released by the ECB certify the drop below 500 billion in overnight deposits, to 495,351 billion euros - Requests for marginal loans, which rose to 1,933 billion euros, were almost unchanged.
According to data provided by the European Central Bank, deposited funds amounted to 488,884 billion euros on Friday evening, against 464,848 billion on Thursday.