News Headline Summary

ECB's Makuch says Cypriot banks have collateral to qualify for ELA loans

- No immediate concerns about ELA aid for Cyprus.

Analysis details (14:30)

- The comments on Cypriot banks' access to the ELA follow similar concerns for Greece, wherein the ECB are said to have decided that Greek banks' ABS holdings are of enough value to fill the collateral gap from their T-bills.

14 Nov 2012 - 14:04 - Equities Bank Speaker - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: