Not all 800 banks who tapped the ECB’s second three-year liquidity op — obvs. But…
[DJ] Intesa Sanpaolo Took Up EUR24B Of ECB’s LTRO – CEO
*LLOYDS BANKING TAKES 11.4 BLN PNDS IN THREE-YEAR LOANS FROM ECB
*ALLIED IRISH SAID PARTICIPATED IN ECB THREE-YEAR MONEY ALLOTMENT
(Allied Irish didn’t divulge how much it tapped, Bloomberg adds.)
None of it screams “stigma”, does it. More “look what we can refinance with”.
Update – more numbers, via the FT’s Tracy Alloway (amounts in euros):
Unicredit 12.5bn (or less)
Mediobanca 4bn
Banco Popolare 3.5bn
BBVA roughly 11bn
Banca Civica 6.1bn
Aareal 1bn
Erste 1.1bn
KBC 5bn
Irish Life & Permanent 2bn
Danske 4bn
DNB 1bn
The big Swedish banks, Stanchart, and Deutsche didn’t take part. Reuters reports that Italian banks altogether took down more than €130bn in funding.
Related links:
Lloyds and RBS eye €15bn ECB loans – FT
Reams of LTRO coverage – FT Alphaville