Trading of Erste Private Banking to record over EUR 400 mln in Romania
Trading done by Erste Private Bank on investment products is set to exceed EUR 400 million this year, with bonds taking the lion share of the investment portfolio, while investors are moving towards more riskier assets that have a higher growth potential.
In the first nine months, the volume of investment products exceeds the amount of cash and deposits administered by Erste Private Banking, which is offered locally by BCR. This was due to investors’ growing interest for medium and long term instruments with higher yields and reasonable risk.
Source: business-review.ro