Portuguese Banks’ ECB Borrowing Sets Record

Portuguese banks borrowed a record EUR56.3 billion ($73.56 billion) from the European Central Bank in March, according to the Bank of Portugal.

  • 09 Apr 2012

Portuguese banks borrowed a record EUR56.3 billion ($73.56 billion) from the European Central Bank in March, according to the Bank of Portugal. The previous record was EUR49.1 billion ($64.16 billion) in August 2010.

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