Foreign Bank Subsidiaries Fight Over Romanians’ Euro Savings

11.23.2011 By Ciprian Botea

Romanians’ euro savings have become more important than ever for bankers who fear they will lose support from their parent banks, so they have raised interests towards 5% a year. Ailing banks pay on euro deposits almost as much as some large banks pay on leu deposits.

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Keywords:: BANKS; , SUBSIDIARIES; , DEPOSITS

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