Banks' ECB funding falls to €53 billion in MarchFriday 12 April 2013 11.29
The Irish banks' reliance on emergency funds from the European Central Bank fell in March, with outstanding loans down to €53.1 billion from €61.9 billion in February.
This is according to the latest figures from the Central Bank today.
The banks here remain heavily dependent on emergency funding to run day-to-day operations.
But they have trimmed that reliance from a high of €187 billion in February 2011 by shrinking balance sheets and making a tentative return to capital markets.