Minimum reserves

Introduction

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.

• 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)

Data

Banks subject to MRR and exempt

•  Search the database (Find specific institutions using search criteria)
•  Download dataset (View list by country)

Remuneration and penalty rates
Reserve maintenance period:	10/04/2013 to 07/05/2013
Average reserve requirements (EUR millions):	104,871
Remuneration rate:	0.75%
Penalty rate for deficiencies:	4.00%

Reserve Maintenance Statistics (EUR millions)
Reserve maintenance period ending in:	April 2013
Required reserves:	104,875
Excess reserves:	241,136
Deficiencies:	1
Current account holdings:	346,012

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Related publications

• General Documentation on Eurosystem monetary policy instruments and procedures,   1.1 MB, cs . da . de . el . en . es . et . fi . fr . hu . it . lt . lv . nl . pl . pt . sk . sl . sv
  See also the amendments set out in Guideline ECB/2007/10,  en
• Minimum reserves, Chapter 7 of the General Documentation,   1.1 MB, en

Legal framework

 Regulation on the application of minimum reserves (ECB/2003/9)

Regular statistics

The Euro area statistics, Table 1.4. ECB Monthly Bulletin,  Monthly Bulletin