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Deposit tourism 17.10.2008
Deposit tourism

According to inquiries by the Bulgarian National Bank (BNB), financial institutions struggle to provide the most favorable deposit conditions since the end of August 2008. As a result, consumers maintain relations with various financial institutions.
According to Asen Yagodin, Executive Director of Postbank and Deputy Chairman of the Executive Board of the Association of banks in Bulgaria, there are many factors to determine these relations that cannot be reduced to interest rates alone, such as the quality of service and mutual trust. Levon Hampartsumyan, Chief Executive Officer at Unicredit Bulbank, believes the situation is temporary.
http://www.focus-fen.net/?id=n156345

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17.10.2008

Deposit tourism

According to inquiries by the Bulgarian National Bank (BNB), financial institutions struggle to provide the most favorable deposit conditions since the end of August 2008. As a result, consumers...

more

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