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Home>Dutch Banks Steer Funds Away From ECB

Dutch Banks Steer Funds Away From ECB

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Thu, 28 Aug 2014

By Maarten van Tartwijk AMSTERDAM--Dutch banks are steering large amounts of cash away from the European Central Bank in response to the ECB's move to adopt negative rates on bank deposits, but they aren't using the money to boost lending and growth. The ECB in June became the first major central
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