Banks were advised that such banking services need not necessarily be extended through a brick and mortar branch but could be provided through any of the various forms of ICT-based models including through BCs.
Since December of last year, we have also provided liquidity in US dollars against ECBeligible collateral, as part of a coordinated action by the central banks of several major advanced economies, including notably the United States' Federal Reserve. The amount of US dollar liquidity provision has in the meantime been increased, in view of the growing tension.