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Home | Barclays secures €8.2bn of ECB funding |
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Barclays secures €8.2bn of ECB funding
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- March 02, 2012
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Barclays has confirmed that it has secured €8.2 billion (£6.7 billion) of the European Central Bank’s (ECB’s) long-term refinancing operation three-year facility, provided last week. The facility will be used to manage risk associated with “mismatches” between Barclays euro-denominated assets and deposits in markets where the group has significant local operations. That is to say, [...]
- Read more at:http://www.bankingtimes.co.uk/2012/03/03/barclays-secures-e8-2bn-of-ecb-funding/
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