The financial assets held by non-profit institutions serving households registered a total value of 9.4 billion lei at end-2016, down by 8.7% year-on-year, shows a report of the National Bank of Romania (BNR).
According to the cited source, the sub-component "other deposits", with a slight increase of 0.6% compared to the same period of the previous year, registered a value of 1.7 billion lei.
The non-profit institutions serving households are legal entities that serve households by supplying goods and services not available to the market. This institutional sector includes trade unions, professional groups, scientific societies, consumer associations, churches and religious communities, social, recreational, cultural and sports clubs, charities, associations and charitable foundations funded by voluntary transfers (in cash or in kind), from other entities etc.
AGERPRES .