ECB funding to Italy banks edges lower in November

Published December 07, 2012

| Reuters

MILAN – Italian banks held a total of 273 billion euros in funds from the European Central Bank at the end of November, down from 276.5 billion euros ($359 billion) in October, central bank data showed on Friday.

Italian lenders took an overall 255 billion euros in three-year funds the ECB lent at two special longer-term tenders in December and February.

($1 = 0.7700 euros)

(Reporting by Antonella Ciancio)

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