BNET Business Dictionary
Business Definition for: ECB
- European Central Bank: the financial institution which replaced the European Monetary Institute (EMI) in 1998 and which is responsible for carrying out EU monetary policy and administering the Euro
Wiktionary Definition for: ECB
- European Central Bank
- # computing event control block (IBM)
Additional Resources
- ECB Meeting Eyed For Clues on Crisis
- By Krista HughesFRANKFURT (Reuters UK) - Investors are braced for signs on Thursday that the European Central Bank will soon start weaning banks off cheap and abundant liquidity given that expiry dates are approaching for the central bank's crisis measures.All 78 economists polled by Reuters last week expect the ECB...
- News items 2009-11-05
- Greeks set ECB tone
- The Greeks have issued a warning to the rest of the eurozone. The country's bonds and stock market fell sharply last week after its central bank governor cautioned its banks against relying too heavily on the European Central Bank for financial support. Other eurozone financial institutions will have taken note....
- News items 2009-11-23
- ECB cuts rate 50 basis points
- FRANKFURT — The European Central Bank cut its benchmark interest rate by 50 basis points to 2.0 per cent on Thursday, matching its lowest-ever rate as inflation plummets and recession spreads. The cut, in line with consensus forecasts, marks the fourth cut in just over three months amid signs the...
- News items 2009-08-07
- ECB Urges Banks to Prepare For Slow Exit
- By Sakari Suoninen and Boris GroendahlNICOSIA/VIENNA (Reuters UK) - The European Central Bank will not drop all of its extra liquidity support until it becomes concerned about risks on inflation, Governing Council member Athanasios Orphanides told Reuters.In an interview with Reuters, Orphanides said inflation expectations over the ECB's policy horizon...
- News items 2009-11-16
- Recent Economic Data Should Force ECB To Hold Rates Steady
- The Prudent Investor submits: Comfortably cushioned by recent economic data, the European Central Bank [ECB] will most likely leave its leading overnight interest rate steady at 4.25% at its governing council meeting on Thursday. ECB president Jean-Claude Trichet can be expected to point to improvements in both...
- External links 2008-09-04
- Is the ECB Rate Cut Enough?
- Towards the end of February, I wrote that I thought that the ECB has considerable incentive to cut interest rates to as low as 0.5%. Well, turns out the ECB thought so too. On the 5th of March 2009, ECB president Jean-Claude said that after a “very very in-depth...
- External links 2009-03-08
- ECB Announces New Financial Services Department and Partnership With Capital Investment Companies
- Business Editors ENGELHARD, N.C.--BUSINESS WIRE--Nov. 13, 2001 The East Carolina Bank (NASDAQ SmallCap Market: ECBE) ECB announced today the formation of a new department, ECB Financial Services. Through a partnership with Capital Investment Companies of Raleigh, North Carolina, ECB has created a total financial services offering and...
- Research articles 2001-11-13
- The ECB Must Stop Propping Up European Banks
- Edward Harrison submits: A year into the global banking crisis, it's time to let banks start to fend for themselves -- or at least let their shareholders do the heavy lifting. That's what the President of the Dutch Central Bank Nout Wellink had to say earlier today. Below is my...
- External links 2008-08-22
- A layman's guide to ECB watching: ten simple rules for analyzing the European Central Bank
- "ECB watchers" have had a much less successful record at forecasting the immediate outcome of ECB meetings than "Fed watchers" do on the FOMC. Using data from regular Bloomberg surveys of analysts, taken just a few days in advance of policy meetings, we found that ECB watchers correctly forecast ECB...
- Research articles 2002-03-22
- Euro Rallies After ECB Cuts 50bp
- Kathy Lien submits: After having cut interest rates by 50bp Thursday morning to 2 percent, ECB President Trichet is finally buckling down and signaling that he is ready to cut interest rates again BUT NOT UNTIL March. Despite the weakness in the economy and softer inflation pressures, the...
- External links 2009-01-15
- ECB Press Conference Highlights: Nothing New
- The LFB submits: ECB Press Conference Analysis The Governing Council decided today to reduce the key ECB interest rates by a further 50 basis points The world economy has weakened substantially in recent months, affecting increasingly also emerging market economies ...
- External links 2009-03-05
- Duisenberg tells banks to lodge assets with ECB
- WIM DUISENBERG, president of the European Central Bank ECB, yesterday furthered his reputation for being tough-minded and unafraid of controversy when he insisted that all European banks deposit a proportion of their assets with the ECB. He also issued stern warnings to European financial ministers about the need for fiscal...
- Research articles 1998-07-09
- Trichet says ECB follows Fazio controversy closely
- MANCHESTER, England AFP — The European Central Bank ECB is closely watching the controversy surrounding Italian central bank governor Antonio Fazio, ECB president Jean-Claude Trichet said. Trichet, in Manchester for a meeting of eurozone and EU finance ministers, was commenting on pressure on Fazio, who is also a member...
- Research articles 2005-09-09
- On hold; European interest rates; The ECB and interest rates.(Finance and Economics)(European Central Bank)(Brief Article)
- AFTER a will-they, won't-they week, they didn't. Although quite a few commentators had mused that the European Central Bank ECB might cut euro-area interest rates on March 29th, the ECB kept rates at 4.75%. However, most economists think that rates will fall soon, probably...
- Research articles 2001-03-31
- ECB Bancorp, Inc Announces Filing of Registration Statement
- ENGELHARD, N.C. -- ECB Bancorp, Inc.(NASDAQ: ECBE) ("ECB") today announced that it had filed a registration statement with the Securities and Exchange Commission relating to the proposed public offering of 750,000 shares of its common stock. The underwriter for the offering will be granted an option for the purchase of...
- Research articles 2005-10-06
- Michael D. Weeks, WITN-TV, Elected Director of ECB Bancorp, Inc. at Annual Meeting; ECB Bancorp, Inc. Reports 2005 First Quarter Financial Results
- ENGELHARD, N.C. -- At ECB Bancorp Inc.'s (NASDAQ: ECBE) ("ECB" or the "Company") 2005 Annual Meeting held on April 19, 2005, the shareholders elected Michael D. Weeks, Vice-President and General Manager, WITN-TV of Washington, NC as a director. He will replace Ray M. Spencer, Swan Quarter, NC who retired from...
- Research articles 2005-04-19
- Do New ECB Rules Restrain Lending?
- The Prudent Investor submits: Having been a little off-guard during the European Central Bank's [ECB] press conference, I have to come up with a postscript as new rules on collateral valuations were silently put on the website while ECB president Jean-Claude Trichet only talked about it at...
- External links 2008-09-09
- ECB Worried About Stagflation, Keeps Interest Rates Unchanged
- The Prudent Investor submits: As widely expected, the European Central Bank's (ECB) governing council unanimously voted to keep its key interest rates unchanged on Thursday. The council's decision was fairly easy as both Eurozone inflation and money supply M3 growth have reversed direction recently, coming off...
- External links 2008-10-02
- ECB Balance Sheet Continues to Balloon at Unprecedented Rate
- The Prudent Investor submits: Record lending to troubled Eurozone banks has ballooned the European Central Bank's (ECB) weekly financial statement, a pro forma balance sheet for Europe's biggest fiat money creator, to a never seen before €2.031 trillion as of October 31. To put this mind-boggling...
- External links 2008-11-05
- ECB opts for calm in face of surging oil prices
- ECB-eurozone-bank FRANKFURT AFP ? The European Central Bank held its key interest rates unchanged, refusing to be panicked into any hasty changes in monetary policy in face of runaway oil prices. Just 45 minutes after the Bank of England announced it was raising its rates for the...
- Research articles 2004-08-05
Neighboring Terms
