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World Savings Day: Savings Deposits up, But Accompanied with Higher Bank Borrowing

Ljubljana, 31 October - WORLD/DAY/SAVINGS/SLOVENIA/LOANS
October 31 is World Savings Day. According to Anton Kožar, a representative of Bank of Slovenia, savings have been on the increase in Slovenia, but they are accompanied by higher bank borrowing. The amount of tolar borrowings topped tolar savings in the first eight months of 1996. Savings accounted for 23.3 percent of GDP in 1995, Kožar said.

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