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
Please note that the timing of the update of the list of MFIs and the Institutions subject to minimum reserves requirements on the last business day of a month is shifted from approx. 17:00 to approx. 21:30 CET.
|Remuneration and penalty rates|
|Reserve maintenance period:||03/05/2018 to 19/06/2018|
|Average reserve requirements (EUR millions):||123,751|
|Penalty rate for deficiencies:||2.75%|
|Reserve maintenance statistics (EUR millions)|
|Reserve maintenance period ending in:||May 2018|
|Current account holdings:||1,295,318|