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Published on Wednesday, August 28, 2013

Financial Systems Flash: Deposits held by households and businesses decline €8 billion for seasonal reasons

Summary

The fall in deposits in July (€8bn) was expected, because between July 1 and 25 companies have to settle their annual corporate tax for the fiscal year ending in December

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130828_FinancialSystemsFlash_tcm348-400257

English - August 28, 2013

Authors

BR
BBVA Research BBVA Research
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