Negative interest rates, excess reserves and tiering of the ECB: How heavily are banks burdened?/Negativzinsen, Uberschussreserven und Tiering der EZB: Wie stark sind die Banken belastet?
The European Central Bank (ECB) reduced its deposit rate into negative territory in June 2014. It has been reduced further in several steps to reach today's level of -0.5%. Banks are increasingly facing problems investing their deposits without taking great risks and avoiding nominal depreciati...
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| Published in: | Wirtschaftsdienst (Hamburg) Vol. 100; no. 5; p. 374 |
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| Main Author: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
Springer
01-05-2020
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| Subjects: | |
| Online Access: | Get full text |
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