european banks deposits


The evolution of credit in the Eurozone, the main counterpart of the M3, grows 2% in May

J.L.M. Campuzano (AEB) | The European Central Bank released the data of the M3 and its counterparts in the euro area until May. The intermediate liquidity objective maintains its annual evolution stable by 4.8%, supported by a strong increase of 7.2% in cash and demand deposits. The rest of its components, such as deposits and market instruments, maintain marginal growth.