Minimum reserves


The ECB requires credit institutions established in the euro area to hold deposits on accounts with their national central bank. These are called "minimum" or "required" reserves (MRR).

Credit institutions subject to the Eurosystem's minimum reserve requirements
How to calculate the minimum reserve requirements (reserve coefficients, standardised deductions and lump-sum allowance)


Banks subject to MRR and exempt

Remuneration and penalty rates
Reserve maintenance period: 20/12/2017 to 30/01/2018
Average reserve requirements (EUR millions): 123,752
Remuneration rate: 0.00%
Penalty rate for deficiencies: 2.75%
Reserve maintenance statistics (EUR millions)
Reserve maintenance period ending in: December 2017
Required reserves: 122,859
Excess reserves: 1,186,836
Deficiencies: 1
Current account holdings: 1,309,695