Accounts of commercial banks in the Bank of Estonia reduced by 7.4 bln kroons
Eestlased Eestis | 12 Oct 2010  | EWR
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Juhan Tere, Baltic Course
The decision to accept Estonia into the euro area reduced the accounts of commercial banks in the Bank of Estonia by 7.4 billion kroons as the commercial banks’ reserve requirement changed, but the commercial banks are not planning to launch the freed reserves to the loans market but will prefer to cut debts to parent companies.

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