European banks as part of its second Long Term Refinancing Operation (LTRO). A
total of 800 banks took advantage of the cheap three year loans. During the
first LTRO held in December 2012, more than 500 banks participated and borrowed
489 Euros [...]
http://www.ecnforex.co.uk/ecb-auctions-529-5-billion-euros-in-second-ltro/
