Companies Deposit Their Money With Foreign Banks’ Branches

06.27.2011 By Claudia Medrega

Companies increased their foreign currency-denominated deposits with foreign banks’ branches by 1.6 billion lei (EUR0.38 billion) in the first quarter, while most lenders operating with Romanian subsidiaries saw their lei, as well as forex deposits shrink, according to information published by the Bank Deposit Guarantee Fund (FGDB).

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Keywords:
BANKS
, FOREX DEPOSITS