Cash deposits grew while bond
sales fell at the end of December 2015, the Italian Banking
Association (ABI) said in its monthly report Tuesday.
Bond sales fell by 13% or 57.5 billion euros on a yearly
basis and cash deposits rose by 3.7% or 47.3 billion euros
compared to 2014, ABI said.
Client deposits grew from 1.513 trillion euros in December
2007 - before the economic crisis began - to some 1.7 trillion
euros in December 2015, ABI said.
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