# ECB launches targeted longer-term refinancing operations

Date: 2014

In June 2014 the ECB announced TLTROs to fund bank lending. The operations are a completed credit-easing act.

## People

- Mario Draghi: https://factrail.ai/people/mario-draghi

## Drivers

- Banking-System Stability: https://factrail.ai/drivers/banking-system-stability

## Sources

- https://www.reuters.com/article/us-ecb-tltro-idUSKBN0EG0R120140605/
- https://www.ecb.europa.eu/press/pr/date/2014/html/pr140605_2.en.html

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/ecb-tltro-2014