Low Interest Rates And Rise In Spending Drive Consumers’ Bank Deposits Down

10.17.2016 By Anelis Baciu

New deposits in domestic currency made by individual customers of banks in Romania stood at 136 billion lei (EUR30 billion) in January-August, down 7.4% on the year-ago period, according to the Romania’s central bank data. They were also more than 15% lower than in the same time in 2014.

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Keywords:
deposit
, interest
, decline