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 (MMR).

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: 08/06/2016 to 26/07/2016
Average reserve requirements (EUR millions): 115,839
Remuneration rate: 0.00%
Penalty rate for deficiencies: 2.75%
Reserve maintenance statistics (EUR millions)
Reserve maintenance period ending in: June 2016
Required reserves: 115,033
Excess reserves: 508,731
Deficiencies: 1
Current account holdings: 623,763