Lenders draw billions from interbank market

By Yiannis Papadoyiannis Local banks have drawn liquidity of more than 15 billion euros from foreign lenders through the interbank market in recent months, as, after a long period of exclusion, Greek credit institutions are gradually reverting to normal operation conditions.Until recently it was only the European Central Bank (ECB) that offered cash flow to local lenders. However, now that the ...

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