promissory notes
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ZF English
1bn RON worth of bounced cheques and promissory notes
The sums on bounced debt instruments, an indicator gauging cash problems companies are coping with, in March climbed to more than 1bn RON (252m euros), the second time in recent years when this threshold has been exceeded, according to NBR data.
ZF English
Companies have fewer cash flow problems at the beginning of the year
Companies had fewer cash flow problems at the beginning of the year, with instances when debt instruments bounced - i.e. when banks did not find enough money in the accounts of holders to co...