December sees decline in ECB funding draw-down17/01/2013 - 15:51:27
Irish banks are continuing to reduce their dependence on funds from the European Central Bank, according to figures released today.
During December, the funding drawn down declined by €4.8bn to €70.9bn - its lowest level since September 2008.
Year-on-year, funding drawn from the ECB has reduced by €36.3bn, or 34%.
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