Erste Bank recommends formation of small cash reserves

Businessn.a. ♦ Published: June 29, 2010; 00:00 ♦ (Vindobona)

The investment experts of “Erste Bank” recommend, from the third quarter, formation of small cash reserves in the amount of 5% in the conservative portfolio and 7.5% in the dynamic portfolio.

Erste Bank recommends formation of small cash reserves / Picture: © European Commission

To the detriment of the equity investment

The investment experts of “Erste Bank” recommend, from the third quarter, formation of small cash reserves in the amount of 5% in the conservative portfolio and 7.5% in the dynamic portfolio. This change is at the expense of the equity investment, which was lowered by 5 and 7.5% in comparison to the second quarter by 5 and…