Intesa Sanpaolo says repaid 20 billion euros of ECB loans
MILAN (Reuters) – Italy’s Intesa Sanpaolo said on Friday it had repaid around 20 billion euros ($21.61 billion) in loans from the European Central Bank (ECB). The early repayment leaves the group with around 76 billion euros in outstanding Targeted Longer Term Refinancing Operation (TLTRO) III funds, the bank added. Euro zone banks are set …
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