These are the banks that have borrowed the most from Europe's LTRO, represented as a ratio of amount of funds borrowed to the size of each entity:
(click to enlarge)
The ECB's balance sheet now represents over 30% of euro area GDP. Portuguese Commercial Bank is in first place, followed by Bankinter, Bank of Ireland.
1 comment:
In Spain we have the smartest banks in all europe, they borrow at 1% from BCE and buy spanish debt at 5%. I wish I had a bank.
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