De Telegraaf reported on Thursday that Van Lanschot bank had tapped the LTRO for 750 million euros. Quoting Floris Deckers, Chairman of the Board of Managing Directors, "What would you do if you saw a 50 euro note lying on the sidewalk. We're earning a nice margin on it. We don't need it for financing or liquidity."
More on this story at Reuters here:
http://www.reuters.com/article/2012/03/08/idUS66242+08-Mar-2012+HUG20120... [4]
http://www.telegraaf.nl/dft/bedrijven/van_lanschot/11672533/__Van_Lansch... [5]