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Five major Slovak banks ready to offer euro notes, coins.

BBC Monitoring International Reports

| December 31, 2001 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report in English by Slovak news agency TASR web site

Bratislava, 30 December: Five major Slovak banks announced Sunday [30 December] their preparedness to offer euro notes and coins to their clients as soon as the euro becomes the eurozone's legal tender on 1 January. Since the banks are expecting an increasing demand for the first issue of the euro notes and coins, the volume of the banks' foreign currency reserves is expected to be slightly higher than in the previous years. As Slovakia's central bank - the National Bank of Slovakia (NBS) - does not organize the supply of euro notes and coins, the five banks - Slovenska sporitelna [Slovak Savings …

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