Loans | Europe Banks To Repay Less Of Crisis Loans Than Expected: Hot Trends

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NEW YORK ( TheStreet ) -- Popular searches on the Internet add LTROs, or long-term refinancing operations, after headlines that banks in Europe will pay back ample reduction of the approaching amount of predicament loans they borrowed from the European Central Bank a year ago.

Banks will pay back the ECB 61.1 billion ($80.8 billion) in the second of two three-year loans they took out. The ECB mentioned 356 banks motionless to pay back supports from the second loan at their beginning chance on Feb. 27.

A Reuters check estimated banks would lapse 130 billion of the second turn of loans.

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The ECB loaned banks more than 1 trillion in two rounds of LTROs in December 2011 and February 2012. Last month, banks opted to pay back the ECB 137.2 billion of the initial of the identical tiwn loans at their beginning chance on Jan. 30, a great pointer of the promissory note system's lapse to health.

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