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Financial assets of non-profit institutions serving households, down 8.7% in 2016

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The financial assets held by non-profit institutions serving households registered a total value of 9.4 billion lei at end-2016, down by 8.7% year-on-year, shows a report of the of Romania (BNR). 
"The value of assets in the cash and deposits category increased by 12.3% in 2016, having reached 5.7 billion lei at end-December, accounting for 60.4% of the total financial assets of the sector. The largest share in the total of such instruments was held, at the end of 2016, by the sub-component of "transferable deposits" by 45.6% and with a stock of 2.6 billion lei, up 30% over…

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