Arab Today, arab today barclays borrows 82bn euros from ecb
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Barclays borrows 8.2bn euros from ECB

Arab Today, arab today

Arab Today, arab today Barclays borrows 8.2bn euros from ECB

It is the fourth British bank to reveal that it accessed the low-interest three-year loans. It said it would use the money to manage the risk associated with funding gaps in Spain and Portugal. Barclays did not take any cash from the ECB\'s previous offer of such loans in December. The BBC\'s business editor, Robert Peston, says that given the cheap interest rate at which the money is offer these loans are arguably a susbsidy by eurozone taxpayers for UK financial institutions. On Wednesday the ECB said that 800 banks across the European Union had accessed 530bn euros through its LTRO. In December, more than 500 banks borrowed 489bn euros. Of the other big four British banks, Lloyds borrowed 13.6bn euros in the latest auction, HSBC borrowed 5.6bn euros, most of it in the first auction, and RBS borrowed 10bn euros across both auctions.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today barclays borrows 82bn euros from ecb Arab Today, arab today barclays borrows 82bn euros from ecb

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today barclays borrows 82bn euros from ecb Arab Today, arab today barclays borrows 82bn euros from ecb

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday