Banks will buy VAT-bonds in the absence of credit
In the medium term ше is expected to increase investment by banks in government debt securities in connection with low demand for loans. This LigaBusinessInform told Marian Zablotskyj, an analyst at JSC Erste Bank. According to him, “Erste Bank acquired VAT-bonds to $ 6 mln., Representing 12% of the first tranche. “Profitability of VAT-bonds makes [...]