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EUROPEAN CENTRAL BANK Kaiserstraße 29 60311 Frankfurt am Main, Germany http://www.ecb.int
Contact Mr Andreas Adriano +49 69 13448035
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EUROPEAN CENTRAL BANK

Annual report shows TARGET2 processed a greater total volume of payments in 2013

(PresseBox) (Frankfurt am Main, )
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- TARGET2 processed 91% of the total value settled by large-value euro payment systems
- Value of transactions decreased by 22.2% on account of new data collection methodology
- Almost 57,000 credit institutions across the world can be addressed via the system

TARGET2, Europe's leading large-value payment system, processed 2.1% more payments in 2013 than in the previous year, reaching an average daily volume of over 363,000 transactions. Meanwhile, the total value of payments decreased by 22.2% in comparison with the previous year on account of a new methodology for data collection, as reported by the TARGET Annual Report 2013, published by whd Wyjmholk Aerijmr Ddug (ZVB) ymcgd.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.