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Slovaks had €26 billion deposited in banks last year
13 Feb 2014 Flash News
Non-state deposits in Slovak banks rose by 3 percent on an annual basis in December and reached €26 billion.
“As of the end of December, Slovaks had €14.2 billion deposited in term accounts, which accounts for 55 percent of the total volume of deposits,” Henrieta Gahérová, Prima Banka Director of the Product Management Division. told the TASR newswire February 12.
“Last year ... interest rates didn’t entice customers to go for term deposits. Only the deposits with longer tenure saw some growth last year, as they were able to offer an interest of 2 percent a year,” Gahérová said.
“Even though last year Slovaks didn’t show great interest in depositing money in banks, it can still be said that we are a nation of savers rather than debtors. In fact, at the end of last year, Slovaks had €6 billion more in deposits than what they have taken out in loans," Gahérová said.
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