Home ECB’s Vasle: Importance of new TLTRO is to keep favorable financing for banks

ECB’s Vasle: Importance of new TLTRO is to keep favorable financing for banks

Published date: 7 Jun. 2019 | 09:07

In a statement reported by Reuters, the European Central Bank (ECB) Governing Council member Bostjan Vasle made some remarks on the ECB’s new targeted longer-term refinancing operations (TLTRO).

Vasle said: “The instrument keeps favorable conditions of financing for banks and thus supports transmission of monetary policy into banks’ credit activity.”

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