Piraeus Complains About Placing Excess Liquidity Last Year

10.25.2011 By Ciprian Botea

Piraeus Bank, the local subsidiary of the Greek bank by the same name, managed a higher volume of liquidity last year thanks to the monetary policy relaxation measures adopted by the National Bank of Romania (BNR), but bank representatives say there were almost no alternatives for placing the money.

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Keywords:
PIRAEUS BANK
, LIQUIDITY