New Central Bank figures show that banks' reliance on emergency funding decreased in July with outstanding loans falling to €122 billion in July from €127 billion a month before.
Banks had €80 billion in outstanding loans from the European Central Bank as of July 27, down from €84.6 billion in June.
Today's figures also show that emergency loans from the Central Bank eased to €41.6 billion from €42.4 billion.
The country's banks have become heavily dependent on loans from the ECB and the Central Bank to run their day-to-day operations.
Under the EU/IMF programme, they must reduce their balance sheets to ease that reliance, which peaked at €187 billion in February 2011.
Other Central Bank figures today show that the interest rate on loans to householders for mortgages were unchanged at the end of June compared to the previous month. The Central Bank said the weighted average interest rate on outstanding mortgage was 2.98% compared to 3.76% from credit institutions in the euro zone.
The bank said that developments in the average outstanding mortgage interest rate in Ireland has broadly reflected changes to the main ECB interest rate due to the high level of tracker and other variable rate mortgage products.
Interest rates on deposits fell slightly in June at stand at 3.64%. Rates on household term deposits have increased significantly over the past 18 months as banks seek to secure additional funding by offering attractive rates on longer term deposits.
