4  Figure 3 Bank deposits and reliance on central bank funding (Q1 2008 to end-February 2018)  Banks’ dependence on the ELA emergency lifeline has declined significantly to around € billion during this month, from € billion at the end of 2015 and is expected to be terminated before the end of the year.
These changes reflected both new strategic policies and the need to react quickly to external changes. For example, by establishing the Directorate General for Consumer Protection and Financial Education we have demonstrated our focus on protecting consumers of financial services and raising their awareness.