Foreign Banks Cut EUR8B From Lines Of Credit Since Pre-Crisis Peak

10.01.2013 By Razvan Voican

The foreign funding of banks in Romania dropped to nearly EUR19 billion in August, which translates into a EUR2.6 billion decline in the past year and a EUR4.6 billion decline in the past two years, according to central bank’s statistical data regarding foreign liabilities.

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Keywords:
banks
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, cut