Tuesday, October 28, 2008

European Central Bank to commercial banks to provide loans 325,000,000,000 euros

The European Central Bank on October 28 announced that commercial banks will provide 325,000,000,000 euros (406,000,000,000 U.S. dollars) loan.
The European Central Bank said that a total of 736 requests for the bank loan, the loan will come into effect on the 29th, when the European Central Bank's benchmark interest rate to 3.75 percent.
A week before the European Central Bank has adopted a similar approach provides 305,000,000,000 euros of the loan, so that there are still a number of banks require financial assistance, indicating that lending between banks is still far from normal.
欧洲央行10月28日宣布,将向商业银行提供3250亿欧元(4060亿美元)贷款。
欧洲央行表示,共有736家银行请求这一贷款,此项贷款将于29日生效,届时欧洲央行的基准利率为3.75%。
一周以前欧洲央行已通过类似方式提供了3050亿欧元的贷款,现在仍有这么多家银行要求资金援助,这表明银行之间的借贷还远未达到正常

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