Banks refused payments because they did not find sufficient liquidities in the accounts of clients initiating payments.
The decline in refused payments shows that companies’ pressure on liquidities dropped significantly.
In June 2016, a total 6,126 account holders generated payment incidents. By comparison, the number of those issuing promissory notes or bounced checks monthly reached nearly 12,000-14,000 in 2009 and 2010.
Most of the denied payments in June were for promissory notes, amounting to RON225 million, lower by nearly 50% against May.