Eurosystem funding falls by another 4.4 bln in August

EconomyMacroeconomy Tags: Banking, BoG, ECB, Liquidity
Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH
Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

Greek banks’ Eurosystem funding remained on a downward trend for the fourteenth successive month in August, when it dropped by 4.39 billion euros, after a similar fall of 4.3 billion in July, Bank of Greece's (BoG) monthly financial statement displayed on Wednesday.

Following the movement in the Eurosystem funding components in August, the mix stayed broadly stable. ELA funding accounted for 62.3 percent of total central bank funding, while ECB funding makes up 37.7 percent.

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